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Variations in regional, geopolitical, macro-economic and industry conditions mean companies have unique risk profiles and risk management strategies. However, the hard insurance market has prompted a global trend and caused many to turn to alternative risk financing options - such as captives - to reduce their insurance spend.
And this trend is apparent in Aon’s 2021 Captive Benchmarking Survey data. The survey found an increase in captive use across most industries, with particularly pronounced increases for hard-hit lines such as property damage/business interruption, directors' and officers' (D&O) and cyber.
Reflecting on market conditions and with insights drawn from the survey, our experts provide their thoughts on global, regional and industry-specific captive insurance trends and the opportunities presented by alternative risk transfer.
Global and Regional Insights
Industry Insights
Industry-specific analysis into the current market environment and how captives are being used by organizations to navigate volatility:
Industry data showing commonly written lines of business, types of insurance entity used, emerging risks, and more:
Could a captive help your organization manage total cost of risk more efficiently?
Challenging market conditions have turned many organizations towards alternative risk financing options and higher levels of retained risk. Take our short two-minute questionnaire to find out if this could be an efficient option for your company. We'll only follow-up with you if you ask us to.
Find out if a captive could help your organization manage risk more efficiently. Take the two-minute questionnaire