With nearly 30 U.S. domiciles available, along with offshore options, risk managers looking to set up a captive have a virtual smorgasbord to choose from, with cost and geographic location being the top considerations, experts in the alternative risk-transfer market say.

With a softening commercial insurance market and the rapid growth in the number of domiciles, however, some players wonder if there will be enough captive business to go around.

Nancy Gray, executive director for North America at Aon Insurance Managers, working out of Vermont--the leading U.S. captive haven--predicted there will be enough captive business to support 10 large domestic domiciles.

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