Defining and Modelling Adverse Scenarios for Captive Insurance

Michelle Bradley, ACAS, MAAA, ARM, CERA, CCIS, Consulting Actuary and Enoch Starnes, ACI, Captive and Complex Risk Consultant

Enoch Starnes and Michelle Bradley recently authored an article for Captive International titled “Defining and Modelling Adverse Scenarios for Captive Insurance.” In it, they discuss how new and existing captives must provide adverse scenario modelling as part of their feasibility and application process, but most domiciles do not explicitly outline the specific adverse scenarios that should be included. Captives should engage their actuaries early and often.

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