- Reinsurance only captives would restrict domicile potential
- Compulsory lines and direct writing would givewider appeal
- Opening PCCs to captive business could access UK middle market
The captive market may only get one shot at designing an optimal regulatory regime in the United Kingdom, so how it responds on a series of key questions is likely to determine its impact on the wider industry.
Chancellor Rachel Reeves MP announced the launch of the three-month consultation last week and the captive market is now positioning itself to respond.
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