From 2015 to 2016, the European captive market showed a declining trend.

       In the Swiss market, 5 captive insurers ceased operations in 2016 while 2 new captives were added. By the end of 2016, there were 26 reinsurance captives and 7 direct insurance captives. In 2015, Switzerland added only 1 captive insurer, while 5 captive insurers exited the market.

      In the Isle of Man, 1 new captive insurer was added in 2016 while 7 captive insurers exited the market. The total number of captive insurers reached 111, including 3 protected cell companies (PCCs). In 2015, the region added 2 captive insurers while 6 captive insurers exited the market.