In the intricate world of corporate risk management, Employee Benefits Captives (EBCs) have risen to prominence as essential tools for organisations seeking innovative ways to address the biometric risks of their employees and their families. Within this framework, disability risks play a central role in providing financial security to employees facing disabilities.
The captive reinsurance market has long been on the lookout for the introduction of a dedicated French regulatory framework, with the legitimate fears it could raise for the reinsurance captive market in Luxembourg.
Reinsurance international employee benefits into a captive provides many advantages for employers and employees. It is important, however, to get execution right. Bill Fitzpatrick explains why some EB captives can struggle to succeed.
When a firm buys insurance via a centralized risk management function, it hopes to enjoy the economies of scale of the unified consolidated organisation. Using the captive allows the organisation to harness the economic strength, size, and risk-taking ability of the larger combined group, while recognising the smaller risk appetites of the component business units.
Unprecedented disruption, a hardening (re)insurance market, and the onset of new major risks have increased interest in captive use by corporate risk managers. The captive market – once seen as an alternative to traditional commercial insurance – is establishing itself as a valuable risk management tool and a market in its own right.
As we’ve seen a rise in gross cession structures and requests for pure fronting, the issue of credit risk is becoming more of a critical one, and there are some additional considerations for captives looking to benefit from using gross structures to access reinsurance markets.
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Richard is joined by AXA XL's Marine Charbonnier and Julien Guénot to discuss a very topical theme - the growing interest in home domiciling in Europe.
Richard is joined by Andy Jeckells, co-CEO at I-RE, to discuss captive solutions for the US middle market. We also hear from Kirk Watkins, Gary Osborne and Dave Provost on voluntary benefits and have the latest quarterly investments update from London & Capital.
Richard is in Nashville, Tennessee to find out the latest from independent captive manager, Strategic Risk Solutions, including interviews with Brady Young, Ron Sulisz, Tony Sanchez, Andrew Marson, Wendy Dine and Jeff Fitzgerald.