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Growing premiums drive use of captives

Posted On: Feb. 5, 2021 9:18 AM CST

Captive insurance

A survey by U.K.-based association Airmic Ltd. found that growing premiums and a fall in the scope of cover and capacity are driving the use of captives among risk professionals, CIR Magazine reported. A total of respondents who are now considering the use of captives has reached 23.4% from 20.3% in the earlier survey.

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