CONTENTS
CONTENTS
50 The quest for proportionality Steve Chirico and Tina Bukow Truman of AM Best provide their views on the changing regulatory environment, writing additional lines of business through your captive and the benefi ts of being a rated captive.
54 Domicile choice as brought to you by Dodd-Frank The Dodd-Frank Act has potentially signifi cant implications for the captive industry in the US. Gary Osborne of USA Risk Group examines its impact on domicile choice.
58 Using captives to manage medical risk The rising cost of medical benefi ts worldwide is providing an opportunity for well managed captives to play an important role, says Kathleen Waslov of Willis.
62 A fi rm hand on the tiller Proving to be increasingly popular, member-owned group captives are all about control, says Sandra Duncan of Captive Resources.
66 Increasing captive value Dirk Schafer of Munich Re outlines how captives can apply three separate, but complementary, perspectives so that they can better understand and build captive value.
70 Captive dynamics David Liptz of Liptz and Associates discusses the dynamic environment in which captives fi nd themselves and outlines how changing conditions are shaping the deployment and development of self-insurance.
74 Accounting for change Captive insurers need to prepare for changes to fi nancial reporting standards. Amy Angell of Milliman explores the challenges created by the new accounting principles.
78 Raising the bar John Prescott and Magali Welch at Johnson and Lambert and Michael Bemi of the National Catholic Risk Retention Group outline why the bar has been raised for domiciles and the industry.
82 Making the right collateral choice Douglas Tienken, director, insurance trust sales, and Vivek Thakur, director, insurance trust product management, at Citi’s Global Transaction Services, explain the key factors captives must examine when making the choice between letters of credit and trusts.
86 Coping with a changing landscape Tim Riddell of R&Q outlines the importance of employing an effective captive manager and management strategy, and examines the run-off option for those captives looking for an exit.
CICA | Forty years of captive leadership
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