X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Despite falling premiums and expanding coverage in the traditional market, buyers have not turned their backs on alternative risk-transfer options, according to NU’s “State of the Market” survey. Nearly half (49 percent) said they are still considering ART optionsincluding captives, finite reinsurance and catastrophe bonds. Given the uncertainty of pricing in the traditional market over the long term, that doesn’t surprise me. How about you?

Half of the 132 risk managers queried said it would be at least somewhat important (18 percent, highly so) to establish or increase the use of captives over the next several years. There is plenty of room for growth in this area, as 71 percent of risk managers surveyed do not have a captive in place.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.