Individual and panel interviews with A.M.BestTV
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.
Alejandro Santos, Latin American captive leader, Marsh, said the growth of multinational companies in Latin America has spurred interest in forming insurance captives.
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.
Jeff Kenneson, senior vice president, R&Q Quest Bermuda, said risk-retention groups looking to unload business, and retiring captive sponsors are active sources of runoff coverage.
Akilah Wilson, assistant director, Bermuda Monetary Authority, said regulators in Bermuda have approved 12 new captives this year, up from nine in 2016.
