A.M. BestTV: Analysts Review the State of Rated Captives

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FOR IMMEDIATE RELEASE

OLDWICK - AUGUST 19, 2016 12:25 PM (EDT)
This ^A.M.BestTV episode explores how the aggregated financial results for the subset of captive insurance companies followed by A.M. Best are better than results for the broader U.S. commercial insurance sector. Click on http://www.ambest.com/v.asp?v=captivepanel816 to view the entire program.

A.M. Best analysts Gary Davis, assistant vice president, and Fred Eslami, senior financial analyst, highlighted those results and others contained in a recent Best Special Report, titled, “U.S. Captive Insurers Benefit From Core Competencies.” Go to http://www3.ambest.com/bestweek/purchase.asp?record_code=252270 to read the report.

“The captive segment has had another good year,” said Davis. “The segment has a history of solid earnings, as well as a very strong capital position. A.M. Best has a stable outlook on this segment.”

Eslami called attention to the success of these captives, saying it “can be measured by the dividends that they have paid over the years.” He spotlighted how between 2011 and 2015, about 140 U.S. captives paid about $1.6 billion in dividends to either their parents or members, and at the same time, increased surplus by $4.3 billion.

This episode highlights a recent webinar on the captive insurance market. Go to http://www.ambest.com/webinars/captive16 to see the entire presentation.

Recent episodes of ^A.M.BestTV include:

• Charting a Course for Insurance in Cuba, the ‘Country That Time Forgot’: The thawing relationship between the United States and Cuba is revealing opportunities for insurance companies: http://www.ambest.com/v.asp?v=cuba816.


• Captives Set to Become Vehicles for Analyzing Risk and Accessing Risk Capital: At the final day of the VCIA conference, captive experts said they expect captives to host more new risks, expand their geographic reach and tap new forms of risk capital: http://www.ambest.com/v.asp?v=vcia4816nc.


• Captive Regulators Worried About Efforts to Lure Domicile Switchers: At the third day of the annual VCIA conference, captive regulators from South Carolina, Vermont and Tennessee review captive oversight, including a strategy that has some domiciles offering tax breaks to captives that re-domesticate: http://www.ambest.com/v.asp?v=vcia3816nc.


• Starting a Captive Takes Months of Preparation: At the second day of the VCIA conference, experts in forming a captive said they start by determining if that type of insurance organization makes sense. Risk needs, taxation, regulatory requirements and location come next, they said: http://www.ambest.com/v.asp?v=vcia2816nc.

^A.M.BestTV covers exclusive A.M. Best information and reports, targeted topics and key developments in the (re)insurance industry every Monday, Wednesday and Friday. Sign up for alerts of episodes at http://www.ambest.com/multimedia/ambtvsignup.html. View ^A.M.BestTV episodes at http://www.ambest.tv .

A.M. Best is the world’s oldest and most authoritative insurance rating and information source.