Industry opinion is split as to whether individual cells and series should count towards the total captive figure, and Dan Towle and Hugh Rosenbaum argued both sides well in a debate piece for Captive Review in March 2016. Some domiciles, such as Vermont, the District of Columbia, South Carolina and most European domiciles, have the figures quite easily at their fingertips, while others take a little more time.Īs with 2015's statistics, Captive Review will count individual cells and series captives as a separate figure from the traditional pure, association and RRG numbers that are reported. We have taken this a step further for 2016, requesting a breakdown by type of those licences surrendered.Īs stated above, the majority of domiciles are happy to play ball where possible but some are more sophisticated at their data collection than others.
When collecting the 2015 figures, Captive Review endeavored to collect a breakdown of new licences issued, a broad 'surrendered licence' number and a further breakdown of its year-end total count of active captives.
#Captive market game update#
All domiciles, even the most secretive, will provide some degree of statistical update if requested and the vast majority will provide answers to any raw data question. This exercise creates a number of challenges which I have addressed in previous Editor's Letters, but it is appropriate to outline a couple of rules I will be applying as we go about compiling an accurate and consistent global picture of the captive market over the next two months.įirst, it is important to note that captive statistics are not treated as 'exclusive' information.
#Captive market game license#
While regulators, managers, lawyers and other service providers worked up to midnight on 31 December frantically trying to license new captives, for Captive Review the task of collecting accurate year-end figures from domiciles around the world begun the first week of January.
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