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flag Captive insurance grows as EU changes make it more cost-effective, attracting more companies globally.

flag Captive insurance, used by companies to manage risks, is growing in popularity due to its benefits like consistency and cost efficiency. flag Recent changes to the EU's Solvency II directive will make EU-based captives more cost-effective. flag Globally, there are about 7,000 captives, with potential for more growth as jurisdictions introduce new frameworks. flag Innovations like parametric insurance, which offers quicker payouts based on predefined triggers, are also gaining traction, especially for managing natural disaster risks.

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