The expanded offering comes as regulators and corporates across Asia-Pacific show growing interest in captives and other alternative risk-transfer mechanisms.
Panellists at PARIMA’s Singapore conference said captives are drawing more interest as fewer risks suit standard cover, but setting one up is hard without the actuaries, claims experts and insurers to...
A government-backed report points to captives and other alternative risk-transfer mechanisms as insurers grapple with rising catastrophe and cyber exposures.
From expanding Hong Kong's influence across the global maritime value chain to developing specialty insurance products for mainland companies going global, the plan outlines an ambitious growth agenda...
The broker expects the structure to appeal to smaller firms exploring captives, larger corporates pursuing phased ownership strategies and ILS sponsors.
Industry participants say the proposed framework, set to launch by 2028, could reduce costs, improve operational efficiency and support broader adoption of captives and insurance-linked securities.
The proposed protected cell company framework could broaden access to captive insurance arrangements and facilitate insurance-linked securities transactions.
AM Best assigned the single-parent captive an A- Financial Strength Rating and "a-" Long-Term Issuer Credit Rating, citing a balance sheet strength assessed as "very strong".
