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International

Corporates explore captives as insurers shun emerging risks

September 20, 2021 Reprints

In a recent virtual conference, insurance industry experts said that more corporates are now resorting to captive insurance to get insurance coverage for more complex and emerging risks, Commercial Risk reported. The trend is strengthening as more insurers stay away from underwriting cyber, supply chain, climate change and pandemic-related risks.

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6. Inflation drives 10% increase in sum insured for windstorms

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Corporates explore captives as insurers shun emerging risks

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