Captive International recently published a commentary by Nate Reznicek, ACI of CIC Services on the events of 2018 in the captive insurance industry. Nate examines court cases, Brexit, regulatory actions, mergers & acquisitions, small captives, reinsurance / risk pools and the continued growth of the industry. 2018 was an action-packed year for the captive industry. 2019 likely promises more of the same. In the article, Nate provides his outlook for 2019 and beyond.
He specifically notes:
It would take something significant and unexpected to upset and reverse the trends of financial performance of the captive insurance industry. Even accounting for catastrophe losses, underwriting profit continues to be strong in the captive space. When measured against the unpredictability of the commercial insurance market the ability of captives to closely mirror the exposures of their insureds, advantageous reinsurance pricing, and insulation from adverse selection all point towards continued success for captives in the years ahead.
CLICK HERE to read the entire article in Captive International.