The captive insurance market in Latin America has doubled in size over the past decade, with more than 200 captives now operating despite regulatory scrutiny, limited fronting services and reputational challenges, according to experts who spoke at the 2025 World Captive Forum last week, Captive Insurance Times reports. Growth has been driven by industries such as construction, healthcare, financial services, and retail, though high fronting fees and evolving tax regulations remain key hurdles.
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