2023 Captive Landscape: Emerging Trends in the Captive Insurance World
Overview
Several trends are influencing the property market, including the high costs of reinsurance, which primary insurers typically pass along to policyholders; strong demand for limited capacity; ongoing losses; and inflation of property values. These conditions are expected to persist in a challenging insurance market that is driving companies to explore and use captive insurance arrangements that allow for flexibility and risk-financing options. Other emerging trends can be seen in this Marsh Captive Solutions Benchmarking Report that also points to more organizations using captives as a valuable risk management tool.
If you’re new to captive insurance and want to better understand what it is and how it works, we invite you to download the Definitive Guide to Captive Insurance.