Insurance survey 2009: Use of alternative risk transfer
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Insurance survey 2009: Use of alternative risk transfer

Insurers take cover to avoid capital crunch

Insurance survey: Global results

Insurance survey: Full results

Insurance survey: Use of alternative risk transfer

Insurance survey: Methodology

Respondents who use alternative methods of risk transfer: 32%
Methods of self-insurance used:
Captive: 40%
Self-insurance: 25%
Hedge funds/derivatives: 8%
Risk retention groups: 12%
Other/unsure 15%
What percentage of your risk transfer is provided by alternative market mechanisms?
Less than 30% 53%
30-50% 12%
50-70% 12%
More than 70% 11%
Did not say: 12%
Which type of insurance do they specifically cover?
Property 40%
Workers compensation 5%
Directors & officers liability 2%
Employers liability 5%
Professional indemnity 2%
Transport 3%
Marine 2%
Terrorism 2%
Health/casualty 4%
All risks 10%
Other/unspecified 25%
Which company set up and manages your alternative risk transfer mechanisms ?
1 Marsh
2 Aon
3 Jardine Lloyd Thompson
4 Willis
5 Mapfre
Do you expect your use of alternative risk transfer methods to increase or decrease in the next five to 10 years?
Increase 58%
Decrease 3%
Stay the same 39%
If you do not use an alternative mechanism, why not?
No need 90%
Other: 10%
Examples of other reasons:
1 “It’s cheaper to use internal brokers and connections”
2 “The standard methods are the most secure”
3 “We have a very conservative management”

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