Group captives—captive insurance companies owned by multiple organizations—represent approximately 19% of all insurance companies in the Cayman Islands. As of Q4 2024, they manage total premiums of approximately $4.9 billion and total asset value of approximately $13.7 billion. Establishing a group captive insurance program provides the flexibility to customize coverage to fit your specific needs…. Read more »
Is It Time to Bet on Your Organization with Captive Insurance?
I recently heard a statistic that over 50 percent of property casualty premiums are directed toward some sort of captive insurance structure. If you break that down further, group captives represent a majority of the insureds using this growing percentage within the property casualty marketplace. Now, if this captive term sounds a bit foreign to… Read more »