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March 2006 Pulse Survey Results...

Reinsuring Your Captive

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1. Does your captive purchase reinsurance? (Note: this does not apply to excess insurance placed above a captive)
  Response Percent Response Total
    Yes
67.5% 27
    No
32.5% 13
Total Respondents   40
(skipped this question)   0
2. Have you changed reinsurers from three years ago, or since captive inception, whichever is more recent?
  Response Percent Response Total
    Yes
43.5% 10
    No
56.5% 13
Total Respondents   23
(skipped this question)   17
3. 3. If yes, why? (check all that apply)
  Response Percent Response Total
  Reinsurance unavailable from incumbent
30% 3
  Cost too high
60% 6
  Terms too onerous
20% 2
  Other (please specify)
10% 1
Total Respondents   10
(skipped this question)   30
4. What type of reinsurance contracts do you purchase? (choose all that apply)
  Response Percent Response Total
  Excess of Loss (Guaranteed Cost)
81% 17
  Swing Plan
14.3% 3
  Finite Risk
14.3% 3
  Aggregate Stop Loss
42.9% 9
  Other (please specify)
  0% 0
Total Respondents   21
(skipped this question)   19
captive and ART resources