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Green Island and SymmetRE Reinsurance Treaties (Pooling Programs)
Green Island Reinsurance Treaty, established by Marsh in 1997, and the recently developed SymmetRE are reinsurance pooling facilities that allow participating captives to "share" their primary casualty or workers' compensation loss experience by transferring a portion of their risk in exchange for assuming the risks of other participants.
Potential Advantages of participating in Green Island and SymmetRE include:
- Reduction in the variability of loss costs;
- Ability to diversify a captive's (or cell's) underwriting portfolio;
- Low frictional costs with no additional capital or surplus required if risk is currently written by the captive; and
- Source of unrelated premium for a captive (or cell) to help support insurance company tax treatment
Captive Financial Benchmarking
Marsh provides a customized captive benchmarking service for any organization wishing to benchmark its captive usage, strategy, and performance against its peers and other organizations in the same industry or other captive owners originating from the same country. In addition, by using eleven key ratios, we offer Financial Benchmarking of a captive’s performance to determine if a captive has the capacity to write more business and benchmark the financial performance of their captive against other captive owners. Learn more about financial benchmarking.
GreenRoad
Marsh, a leader in developing alternative risk financing solutions, has teamed with GreenRoad, a company that improves driver safety and fuel consumption through its GreenRoad Safety Center, to offer a fleet-risk monitoring service to single parent captives. This innovative solution has the potential to improve risk and claims management for single parent captives, which may result in cost savings.
For more information, please visit our Captives Contacts page or contact us at
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