Individual and panel interviews with A.M.BestTV
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.
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.
