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International

More firms turn to captive insurance amid hard market

April 15, 2021 Reprints

Analysts at the Swiss Re Institute said that use of captive insurance has increased among companies looking to self-insure risks as COVID-19 pandemic-related disruptions and rate hardening affect commercial insurance, Reinsurance News reported. Use of captive insurer is growing in Latin America and Asia, and among mid-sized companies.

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More firms turn to captive insurance amid hard market

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