Name
Panel discussion: New dawn for captives in Europe?
Date & Time
Thursday, November 23, 2023, 2:30 PM - 3:15 PM
David Vigier Karl DeGiovanni Barry Beard
Description
  • Why have captives become so popular with risk and insurance managers in recent times? How many new captives have been formed in the last five years and where?
  • How much premium is the insurance market ‘losing’ to the captive market currently?
  • How are captives being used by European corporations in the drive towards positive ESG outcomes?
  • What new risks are being included, howe how and why? Can you really ‘incubate’ challenging risks in the captive or is this too risky?
  • How can the captive be best used to access traditional reinsurance capital and alternatives such as parametric capacity, cat bonds etc?
  • How did AMRAE persuade the French treasury to implement captive/self-retention friendly rules and how could and should other European countries follow suit? Could this be done on an EU basis and if so how?
  • How will the coming revision of Solvency II improve the use of proportionality
  • What needs to happen to ensure that the captive complies with ESG standards and supports the effort?