Comerica can provide you with a wide variety of trust custody and investment services, including the safekeeping of assets, timely execution and settlement of global securities transactions, accurate accounting and reporting, overnight cash investments, securities lending, performance measurement reporting, online access to account information and much more.
With over $100 billion in assets under trust custody, Comerica is one of the nation’s leading financial institutions providing these services — and more — to captive insurance companies. Many of these services for captives are provided through our Cayman Islands branch.
An increasingly attractive alternative to letters of credit in supporting captive insurance programs is the Regulation 114 Trust. Comerica has the experience and expertise required to establish such a trust and will handle specific portfolio management requirements.