TUCSON, ARIZ.–The primary concern of captive insurers is securing reinsurance, according to a survey released today at the annual conference of the Captive Insurance Companies Association (CICA).
Reinsurance replaced securing companies to serve as fronts, which had been the top item of interest for captives over the past few years.
Michael R. Mead, who helps conduct the survey, said: "Reinsurance was clearly a concern. It showed up on more radar screens than previously–and last year it was big, but it was more diverse this year."
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