Search
 

Companies Rethink Financing of Captive Insurers

Letters of credit, reinsurance trusts emerge as top collateral strategies

By Dave Lindorff | Updated on April 26, 2010

Facing tight credit that’s likely to become costlier still and the need to find cash to fuel renewed economic growth, companies are looking at their captive insurance programs to identify ways to make better or more efficient use of the funds deployed in those operations. That’s the finding of this year’s captive insurance benchmarking study by brokerage Marsh.

Companies want to reduce the amount of money that’s tied up in posting collateral and meeting the capital requirements of regulators, says Scott Gemmell, a senior vice president at Bermuda-based Marsh Captive Solutions Group and author of the survey.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2024 ALM Global, LLC. All Rights Reserved.