It seems a safe bet there will be captive growth in the future, with select sectors contributing much of the related activity over the coming year.
“The reality is that for the vast majority of Canadian companies, their captives are well-capitalized,” Trevor Mapplebeck, managing director of alternative risk solutions for Marsh Canada, said in his opening address for the Captives & Corporate Insurance Strategies Summit in Toronto on May 16-17. “They’ve been financially quite strong. Canadian corporates are going to be creating captives as opposed to shutting them down.” READ MORE…