From: AM Best
The introduction of new regulations in certain countries to incentivise companies to form local captives or redomicile existing ones is starting to change the landscape of European captive domiciles, according to AM Best.
In its new Best’s Market Segment Report, “Rated European Captives Continue to Demonstrate Stability in a Volatile Risk Landscape”, AM Best notes that captives have proven to be a cost-effective risk management tool by providing suitable covers, particularly for large risks such as cyber, property and business interruption.
