Tag Archives : CARM Institute

Latest issues of Solvency II and Captives (workshop overview by Jean-Paul Louisot)

The workshop on captives and Solvency II started with the basics. In fact all attendees knew the definition of a captive insurance or reinsurance vehicle, but many may not have been quite aware of its function in a complex financial strategy. Aptly, the speakers cited parallels with the role of some specific cash vehicles for the treasurer to avoid seeking a loan when money is scarce and expensive. The role of a captive for the risk manager is to avoid buying a working layer when insurance cover is scarce and expensive. Continue reading