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.
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.
Alejandro Santos, Latin American captive leader, Marsh, said the growth of multinational companies in Latin America has spurred interest in forming insurance captives.
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.
Akilah Wilson, assistant director, Bermuda Monetary Authority, said regulators in Bermuda have approved 12 new captives this year, up from nine in 2016.
