Originally published in the Captive Review, Guernsey
Report, October 2008
Charles Allen Of Heritage Insurance Management Urges Captive
Managers To Look At Their Investment Strategies And Securities In
Place.
In these uncertain times captive owners and their managers
should be taking a long hard look at the strategic importance of
their insurance vehicle and the threats and opportunities that
present themselves from the financial market mayhem surrounding
them.
There are many areas that need careful consideration and review
given the current phase of the insurance market cycle and the
impact the economic situation will have on the insurance markets.
There seem to be daily predictions from all manner of experts in
the market as to the point at which the cycle will turn upwards and
rates at last harden. The elongated soft market we have seen in
many classes will undoubtedly come to an end, but the question is
how soon and how rapid the upturn in rates will be and
