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A.M. BestTV: Rated U.S. Captives Stand Above Commercial Peers
[August 07, 2017]

A.M. BestTV: Rated U.S. Captives Stand Above Commercial Peers


In this A.M.BestTV episode, Fred Eslami, senior financial analyst, A.M. Best, reviews a recent Best's Special Report that details U.S. captive insurers and how they continue to perform when compared with their commercial lines counterparts, mainly due to their loss-control activities and expertise in the coverages that they write. Click on http://www.ambest.com/v.asp?v=captivereport817 to view the entire program.

"The report focuses on U.S. captives that A.M. Best has statutory filings and consistent comparative information for year-to-year," said Eslami. "These captives continue to outperform their commercial peers, not only this year, but in the prior years. A.M. Best believes that they are going to continue to outperform the commercial market going forward."

Eslami credits these captives' risk-management practices for their ability to outperform other markets. "They spend a lot of money on training risk prevention, risk mitigation," Eslami said. "They do not have the commission expense and other expenses that the commercial market has."

Eslami also spoke about a new section in the report that talks about captives writing minimal cyber security and theft-in terms of premium-$8.8 million in 2016 versus $5.4 million in 2015. "That shows the gradual, prudent measures that these companies are taking to include this risk into their captives."

To access a copy of this Best's Special Report, titled, "Groundhog Day: More of the Same Strong Performance for the U.S. Rated Captives," visit http://www3.ambest.com/bestweek/purchase.asp?record_code=264204.

Recent episodes of A.M.BestTV include:

  • New Tools Help Fight Distracted Driving, Says Brownyard Chairman: Bryan Brownyard, chairman, Brownyard Group, said insurers are using a growing range of electronic and physical solutions to prevent distracted driving, but it remains a huge problem for insurers of commercial vehicles: http://www.ambest.com/v.asp?v=brownyard517.
  • Emplay's Sur: Insurers Should Apply AI More Broadly: Sanchita Sur, founder and chief executive officer, Emplay, said insurers utilizing artificial intelligence must expand their primary focus to sales, distribution, claims, fraud and other areas beyond actuarial science: http://www.ambest.com/v.asp?v=sur617.
  • Expenses Hurt Non-Standard Automobile Writers' Underwriting Performance, Says A.M. Best Analyst: David Blades, senior research analyst, A.M. Best, reviews a recent Best's Special Report that details the deteriorating performance of the U.S. non-standard automobile insurance sector: http://www.ambest.com/v.asp?v=nonstandardauto717.
  • MGAs Growing as 'Third Force' in the London Insurance Market: Peter Staddon, managing director, Managing General Agents' Association and Sian Fisher, chief executive officer, Chartered Insurance Institute, discuss the growth of managing general agents and how changes at Lloyd's are reshaping distribution: http://www.ambest.com/v.asp?v=fisherstaddon717.

A.M.BestTV covers exclusive A.M. Best information and reports, targeted topics and key developments in the (re)insurance industry every Monday, Wednesday and Friday. Sign up for alerts of episodes at http://www.ambest.com/multimedia/ambtvsignup.html. View A.M.BestTV episodes at http://www.ambest.tv.


A.M. Best is the world's oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.

Copyright © 2017 by A.M. Best Company, Inc. and/or its subsidiaries. ALL RIGHTS RESERVED.


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