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.
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.
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.
Matthew Latham, head of captive programs, XL Catlin, said more stringent governance and capital requirements are causing sponsors to decide whether they want to commit to their captive or consider other approaches.
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.
