Long-term risks are challenging the traditional insurance cycle – Peter Carter 

As companies take on risks that can extend far beyond the traditional annual insurance cycle, there is an increasing mismatch between the duration of some exposures and the way they are insured, according to Peter Carter, head of captive & insurance management solutions and head of the climate practice at ⁠WTW⁠. 

For captive owners, this is creating opportunities to use their captives as part of a broader risk-financing strategy, combining traditional insurance with structured solutions and longer-term investment in resilience.