The introduction of new regulations in certain countries to incentivise companies to form local captives or redomicile existing ones is starting to reshape the landscape of European captive domiciles, according to AM Best’s Market Segment Report.
In its new report, “Rated European Captives Continue to Demonstrate Stability in a Volatile Risk Landscape”, the ratings agency notes that captives have proven to be a cost-effective risk management tool by providing suitable covers, particularly for large risks such as cyber, property, and business interruption.
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