NU Online News Service, Aug. 17, 2:25 p.m. EDT
The years of dominance enjoyed by off-shore captive domiciles may be coming to an end as more captive formations move onshore into the United States and Europe, says a report from the Insurance Information Institute.
In an update to its research of alternative risk vehicles on Thursday, I.I.I. says more than half of captive formations in 2011 were located within the European Union and the United States, increasing the total of onshore domiciles from 35 percent in 1991.
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