Navigating the European Captive Insurance Market

In Captive.com's latest podcast, hosted by Joel Appelbaum, chief content officer for IRMI and Captive.com, Derek Bridgeman, managing director at Strategic Risk Solutions (SRS) Europe, sheds light on the landscape of the European captive insurance market.

The podcast delves into the factors fueling captive insurance company growth in Europe, including the impact of the hardening commercial markets, increased interest from risk managers, and regulatory changes.

Mr. Bridgeman discusses the challenges posed by Solvency II and provides insights into the ongoing review of captive regulation by the European Insurance and Occupational Pensions authority and the anticipated changes that could bring more balance to EU regulatory requirements.

He anticipates continued captive growth in Europe, especially in domiciles like Guernsey, and spends time discussing the emergence of new captive legislation in countries like France and Italy as well as potential growth in other jurisdictions.