Sustainability: the changing climate of risk
View our 15-minute web-TV
briefing which looks at climate change risk and
why it has become essential that businesses start to assess the potential impact
of measured changes in our environment on operational efficiency, revenues and
costs. Marsh experts highlight the direct and indirect effects of climate change
to businesses, pre loss and post loss considerations, and actions companies
should take to reduce the risk to their business.
Trends and Performance — 2011
Captive Benchmarking Report
2011 Captive Benchmarking examines the financial
performance and other trends of captives from 2007 to 2010—a time of
unprecedented economic challenges. The report finds that although the number of
active captives has remained relatively consistent, aggregate premium levels
increased substantially across all geographies and most industry sectors.
Organizations have taken action over the last few years to strengthen the
financial position of their captive insurance company operations. Likewise, the
level of captive owners' equity also increased despite lower investment returns,
an indication that owners did not deplete capital during the economic downturn.
The report focuses on activities of more than 750 captive insurance company
clients of Marsh—primarily single-parent captives—based on figures as of
December 2010.
Since 2007, captives' claims
reserves have generally increased, but especially in those owned by financial
institutions. This appears to reflect the increase in claims arising from the
global financial crisis.
The report can be accessed on
our new marsh.com site by clicking here.