March 2013

Spotlight – In international business, almost every market around the world does things in a different way. This often leads to misunderstandings and unfulfilled expectations. However, different does not need to mean difficult and knowledge of the needs and characteristics of specific geographic markets is an advantage to those who are active in the global economy. These articles help you understand different aspects of the insurance industry around the world, enabling those who do business there to feel more “at home, abroad.”

In February the leading magazine connecting the captive and ART sector, Captive Review, hosted the annual Captive Live UK 2013 conference in London. This well attended event held over two days saw a lively exhibition and a series of interesting workshops and presentations. There are more than 5,660 companies registered in captive domiciles and through conferences and publications, Captive Review links the reinsurance and capital markets with the latest news and through its Captive Insurance Database (CID) it provides the world’s most comprehensive online source of captive market intelligence.

One of the many sessions held by seasoned professionals was entitled “Rise of Cell Companies: are ICCs and PCCs the smarter ART vehicles?” Judging by the questions and replies, there is no black and white answer and it is timely that a guide to cell companies was recently published. We are pleased to be able to provide access to this study which looks at the various domiciles and includes an index at http://www.captivereview.com/article_assets/articledir_3438/1719422/CC2012.pdf We are grateful to Commercial Director Nick Morgan for permission to provide the link and any questions can be addressed to him at n.morgan@captivereview.com