Best Sees Captive Share Getting Big
NU Online News Service, April 15, 4:20 p.m. EST?Fifty percent of the U.S. commercial insurance market will handle its risk using self-insurance methods by 2003, the New Jersey rating firm A.M. Best Co. announced today.
The company revealed its findings in a study titled, "Capturing the Captives," which addressed the issue of how greatly understated previous estimates have been concerning the significance of the captive market on the corporate and insurance sectors.
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