Captive Review and Wilmington Trust have jointly published the 2016 Captive Managers Survey, a comprehensive survey report covering more than 6,000 risk retention vehicles worldwide and over US$250 billion in assets under management. The results include data on US$91.5 billion of assets managed by 18 captive managers. The survey report is now available free online.
The survey report discusses and presents views on issues including Solvency II, the future base erosion and profit shifting (BEPS) project as it relates to U.S. Section 831(b), and captive domicile migration.
The survey results detail the captive types and proportions of the 6,655 risk retention vehicles, the proportion of cell captives, and data on captives owned or managed by third parties.
Richard Cutcher, editor of Captive Review, said: "Due to industry consolidation, the number of managers participating in this year's survey decreased slightly compared with 2015. For example, Artex merged Kane and Hexagon PCC—three companies that were long-term participants in our past surveys. These managers are more actively involved than ever, sharing more information with us and helping Captive Review paint an accurate picture of the market state and some of the key trends and themes of 2016. I am very grateful to them."
Source: Captive Review
