From: Captive Review
Zurich’s Adriana Scherzinger points to several ways that the operational complexity of captives is rising
European captives are expanding in size and sophistication as innovation accelerates across the region, according to Zurich’s group head of captives Adriana Scherzinger.
She told Captive Review ahead of the European Captive Forum that the region’s captive insurers are growing not only in premium volume and asset base but also in strategic sophistication and operational scope.
“European captives are expanding both in scale and sophistication. We’re seeing increased gross written premiums and assets managed, more diversified risk portfolios, and a growing appetite for insuring non-traditional and emerging risks,” Scherzinger said.
“Their operational complexity is rising, with captives managing domestic and multinational programs, navigating evolving regulatory requirements, and leveraging advanced analytics for risk management.”
Her view corresponds with findings from the European Captive Market Outlook Report which found that 58% of respondents expect there will be significant growth in the size and complexity of captives owned by European firms over the next three years.
