Articles

SRS: “Going Green-Captives”

How can the captive industry adapt to the developing impact of climate change and adopt measures to mitigate impact to their shareholders, themselves, and the natural environment?  One can separate the green equation for captives into three distinct but overlapping areas: the underwriting portfolio; the investment portfolio and corporate governance. There is an assumption that most captives are...

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Leveraging the Barbados Insurance Brand

Leveraging the Barbados Insurance Brand The year 2021 was one of significant growth for captive insurance in Barbados. There were 34 startups and according to the statistics released by the Financial Services Commission (FSC), there were 308 active licensees in Barbados at the end of 2021.Of that number, 50 percent of licensed entities source their business from Canada, followed by a further 24...

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Captive Governance and the Insurance Manager

There is tension at the heart of every captive insurer.  This fundamental tension arises from the fact that for every captive shareholder is also in some way, shape, or form the captive’s client.  If we step back and consider the relationship between shareholder, insurer, and insured in the commercial world the relationship between the parties is clear. At its simplest: the insured buys a policy...

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Captive Feasibility – Why You Need It & What to Expect

Captive Feasibility – Why You Need It & What to Expect

Captive Feasibility Why You Need It & What to Expect by Jesse Olsen, SRS Director - Advisers   Captives can be an attractive, sometimes exotic, option to solve a risk management challenge or enhance an insurance program structure. There are a number of factors that should be evaluated before implementing. During the worst days of the 2008 Financial Crisis, Warren Buffett was famously...

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Captive Feasibility – Why You Need It & What to Expect

Captive Insurance: State of the Market

Captive Insurance: State of The Market Strategic Risk Solutions (SRS) is publishing this white paper for the benefit of clients and partners to provide information on the major trends affecting the captive insurance industry and developments that occurred in the industry in calendar year 2021. The material presented in this report was the subject of our webinar: Captive Insurance – The State of...

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Captive Feasibility – Why You Need It & What to Expect

SRS Presentations at Airmic Captive Forum

SRS Presentations at Airmic Captive Forum SRS' Peter Child, CEO Europe and Richard Paris-Smith, Client Services Leader-Europe were recently featured as speakers during the Airmic Captive Forum. Peter spoke about governance within the captive process, while Richard's presentation focused on the role of the captive manager. Both provided outstanding information and the video clips can be found...

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Captive Feasibility – Why You Need It & What to Expect

Structured Reinsurance: A Renaissance?

Structured Reinsurance: A Renaissance? by Neil Campbell, Senior Consultant, Strategic Risk Solutions Corporate insurance buying strategies are changing. Maybe it has taken the challenges being encountered in the continued hard market to finally shake things up. Buyers are getting frustrated, hemmed in by the need to demonstrate value whilst having to operate to tight budgets with lean resources,...

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Captive Feasibility – Why You Need It & What to Expect

A Barbados’-eye perspective of the captive insurance market

Invest Barbados, Kirk Cyrus, Captive International, 2020 "Active risk financing using captives is inescapble given the expectations of future systemic risk events relating to climate change." Kirk Cyrus, Strategic Risk Solutions In its 2020 “Global Risks Report”, the World Economic Forum (WEF) stated that the sustainable development of global economies would be impacted by key risks associated...

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Captive Feasibility – Why You Need It & What to Expect

European Captives – Global Captive Podcast

Captive Captive Podcast, Episode 37 August 30, 2020  Derek Bridgeman, Managing Director and Risk Consulting Practice Leader for SRS Europe, joins host Richard Crutcher on the Global Captive podcast to discuss interest in new captive formations in Europe and what captive owners are doing to review their existing operations. Derek also explains SRS's latest hires in Luxembourg, Dublin and Malta...

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Captive Feasibility – Why You Need It & What to Expect

Economic Substance Compliance: what captives boards need to know

Captive International, Richard Daley, September 4, 2020 Bermuda’s Economic Substance legislation has now come into force. Strategic Risk Solutions’ Richard Daley outlines what captives boards should be thinking about to ensure they remain compliant. Bermuda’s Economic Substance (ES) legislation took effect from July 1, 2019, meaning those entities with a December 31, 2019 year-end were required...

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