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.
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.
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.
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.
