Filed Under:Risk Management, Captives

Economy Hurts Captive Results; Written Premiums Up as Companies Retain More Risk

Tourists walk along the beach of Seven Mile Beach in Grand Cayman Island. (AP Photo/David McFadden)
Tourists walk along the beach of Seven Mile Beach in Grand Cayman Island. (AP Photo/David McFadden)

NU Online News Service, Aug. 3, 2:09 p.m. EDT

Captives are “starting to feel the squeeze” of market conditions, low-investment yields, and issues in the global-financial markets, according to A.M. Best, which reports that a composite of 209 captives it follows reported a decline in net income for 2011.

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