Individual and panel interviews with A.M.BestTV
Akilah Wilson, assistant director, Bermuda Monetary Authority, said regulators in Bermuda have approved 12 new captives this year, up from nine in 2016.
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.
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.
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.
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.
