Individual and panel interviews with A.M.BestTV
Like most companies and businesses that deal with data, captive insurers are looking for protective solutions amid a growing global cyberrisk threat.
Organizers of insurance programs aimed at covering less-developed portions of Africa, Central America and the Caribbean say forming insurance captives is a key element of their operations.
Kim Willey, senior counsel, ASW Law, said a tax information agreement between Canada and Bermuda continues to bear fruit as Canadian companies cover a growing variety of risks into offshore captive insurance organizations.
Gavin Woods, counsel for the law firm Appleby, says he expects the alternative risk space to continue its evolution as captive insurers innovate beyond insurance-linked securities and traditional natural cat risk.
Bryan Fuller, managing director, Extremis Global Risk Consulting, said his firm is working with four jurisdictions on a program that would provide financing in the event of major catastrophes.