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.
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.
Tony Weller, CEO, Citadel Risk, says his company's 51% purchase of a captive manager has given the Bermuda reinsurer a positive burst of business diversity that is helping to soften the hit from a softening London market.
Jill Husbands, chair, Marsh Bermuda, said Bermuda recently received its first captive from Chile and she expects global interest to grow following Bermuda being granted Solvency II equivalency status.
Ryan Wang, US economist, HSBC Securities, says contracting business investment and disappointing global economic growth may spur the Fed to raise its policy interest rate once this year by 25 basis points and twice more in 2017.