Individual and panel interviews with A.M.BestTV
Janita Burke, client services director, Estera, said many captives go through periods of less or greater activity, move into new areas of coverage or even reach liquidation.
Carl Terzer, principal, CapVizor Associates, said lowering U.S. rates could draw business back to the country, while new trade restrictions could make it more difficult to conduct business from afar.
Ryan Wang, U.S. Economist, HSBC Securities, said the hurricanes will cause disruption in regions of the U.S., but expects 2.4% growth overall in 2018.
Bob Gagliardi, senior vice president, AIG, said captive insurers tend to invest in a small range of assets, but many are able to move into other areas of investment.
Hugh Barit, chairman and CEO, Performa, said insurance captives sponsored by auto dealers tend to invest for return, with a larger portion of their assets devoted to equities.