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More than 1000 delegates gathered this week at Centre des Conférences in Kirchberg for the European Captive Forum 2012. Luxembourg is before Dublin and Malta the largest reinsurance captive domicile in the European Union with more than 200 licensed captives. Captives are (re)-insurance companies which only cover the risks of the industrial, commercial or financial groups they belong to. They are a kind of self-insurance for the large multinational groups and as such play an important part in the operations of their groups.
Organised by the European Captive Insurance and Reinsurance Owners Association (ECIROA), the European Captive Forum is a leading event in the captive scene, bringing together captive owners and managers, reinsurers, risk managers, service providers...
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