Individual and panel interviews with A.M.BestTV
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.
Jack Meskunas, senior director, Oppenheimer, said captive insurers are typically heavily invested in bonds and could be affected if interest rates were to rise dramatically.
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.
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.
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.
