October 2005 Pulse Survey Results

Protecting the Captive's Directors and Officers

2. Determine single or group captive
1. Are you answering on behalf of a single parent or group captive? (select one)
 Response PercentResponse Total
  Single Parent
58.5%24
  Group Captive
41.5%17
Total Respondents  41
(skipped this question)  0
3. Single Parent Questions
1. Have you read your parent's (or sponsoring organization's) by-laws to learn under what circumstances the parent (or sponsoring) organization will indemnify a captive's directors and officers?
 Response PercentResponse Total
  Yes
62.5%10
  No
37.5%6
Total Respondents  16
(skipped this question)  25
2. How available is D&O insurance for your captive? (You may check up to two that apply)
 Response PercentResponse Total
 We don't buy it
25%4
 Readily Available -- no coverage concerns for the captive
37.5%6
 Available -- limited markets
25%4
 Available -- some coverage concerns
18.8%3
 Difficult to find available markets
 0%0
 Difficult to find acceptable coverage
 0%0
 A major problem -- it could threaten the captive's existence or the way it operates
 0%0
Total Respondents  16
(skipped this question)  25
4. Group Captive Questions
1. Have you read your parent's (or sponsoring organization's) by-laws to learn under what circumstances the parent (or sponsoring) organization will indemnify a captive's directors and officers?
 Response PercentResponse Total
  Yes
78.6%11
  No
21.4%3
Total Respondents  14
(skipped this question)  27
2. How available is D&O insurance for your captive? (You may check up to two that apply)
 Response PercentResponse Total
 We don't buy it
35.7%5
 Readily Available -- no coverage concerns for the captive
7.1%1
 Available -- limited markets
21.4%3
 Available -- some coverage concerns
14.3%2
 Difficult to find available markets
21.4%3
 Difficult to find acceptable coverage
21.4%3
 A major problem -- it could threaten the captive's existence or the way it operates
7.1%1
Total Respondents  14
(skipped this question)  27