Agenda

Day one
 
08.30                Registration and coffee
   
09.00                Introduction to captives
- History
- Reasons for formation
- Advantages and disadvantages
A general overview of the definition and history of captive insurance companies, 
examining, in detail, the advantages and disadvantages of captives and the
various different types and structures of captives.
 
10.00                Feasibility studies
- Data collection
                        - Analysis of insurance programme
- Retention levels and philosophy
- Underwriting strategy including customer insurances
- Business plan
Drawing on practical experience, the presenters take participants from captive pre-conditions, through to other alternative risk-financing mechanisms and final recommendations on captive establishment and related issues.
 
10.45                Refreshment break
                                               
11.15                Taxation considerations
- Premium deductibility
- Residency
- Location considerations
The various tax issues involved in the establishment and operation of captives are explained and discussed in detail to ensure this important area is fully understood by all participants. 
 
12.15                Lunch
 
13.30                Accounting considerations
- Insurance accounting andrelated party considerations
- Claims reserving
- Relevant accounting standards
Captive accounting is an important and complex issue which needs to be addressed in detail. The presenter will explain the key issues that need to be
considered to get the best value out of the captive.
 
14.20                Captive locations: the where and why
- The captive map today
- Domicile selection criteria
- The impact of Solvency II
The question of where to locate a captive is addressed by examining the main jurisdictions in which captives have been formed and the factors that have influenced those choices. The attractions of different domiciles for future captive business will also be considered.
 
15.10                Afternoon coffee
 
15.30                Case study: planning a captive
In groups, delegates will consider captive establishment from a ‘real life’ example.
 
 17.00               Networking drinks reception
 
 
Day two
 
08.30                Registration and coffee
 
09.00                Re-cap of day one
                          
09.30                Captive management and regulation: what to expect
Having determined the captives business plan, chosen your location, and established a
captive the group now learns what you can expect from your captive manager, and how
the regulatory requirements are met in domiciles.
Followed by an interactive discussion of the major issues confronting owners about to review the role and performance of their captive managers. General and practical observations will be tested on audience reactions.
10.30                Reinsurance for captives
- What is captive reinsurance?
- Typical captive reinsurance structures
- Tactics and strategy to achieve best results
The presenter is a leading captive reinsurance broking specialist with many
years’ experience in designing captive reinsurance programmes for a variety of
clients and placing them in the worldwide reinsurance markets.
 
11.30                Refreshment break
 
12.00                Rent-a-captives and protected cells
A discussion of the history, defining characteristics and uses which insurance
buyers have for rent-a-captives, protected cells and ICC’s.
 
12.45                Lunch 
 
14.15                Case study: Establishing a captive
A chance to explore a real captive, following the process of establishing a
captive programme through this case study
 
15.00                General captive Q&A
In this session delegates can ask specific questions about their own cases, 
find out more about topics of the last two days, and get valuable insights
from the panel and other delegates as to what really matters
Panel
                         
15.30                Afternoon coffee and end of workshop