Companies Rethink Financing of Captive Insurers

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.

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