Risk & Insurance: John E. Hall, Jr. on Role of Captives, Other Alternative Risk Vehicles in Litigation
In a Risk & Insurance article about the latest litigation trends impacting professional firms, Founding Partner John Hall talks about the role of captives and other alternative risk vehicles: “In most areas, we are seeing an increase in limits purchased and higher self-retention or more reliance on private captives to cover the first layer of exposure,” he said.
“These retention and captive moves are coming as premium dollars on primary and excess insurance or reinsurance are increasing 15 to 25% annually, with those types of increases likely to continue next year,” John said.
The full article can be found on the Risk & Insurance site.
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