The London Market Group notes that the market for captive insurance worldwide is expected to reach US$161 billion by 2030, but the UK currently sees none of this business.
The Captive Insurance Companies Association (CICA) has appointed Diana Hardy, partner at RH CPAs, and Bailey Roese, partner at Dentons Bingham Greenebaum, as co-chairs of its NEXTGen Young and New Professionals Committee.
Datuk Iskandar Mohd Nuli, CEO of Labuan IBFC, emphasises the potential of Labuan captives as an effective and cost-effective risk management tool, while speaking at an event about self-insurance structures and solutions in Kuala Lumpur.
The new guide aims to assist members in demonstrating fair value in premium finance provision.
The conference is America’s biggest captive event, where attendees can expect to participate in networking, education sessions and business opportunities.
British Insurance Brokers’ Association (BIBA) CEO Graeme Trudgill outlines his vision of cooperation and allyship to drive positive change across the industry in his BIBA Conference opening speech.
Bermuda-based (re)insuser Everest Insurance has launched its Australian arm to expand its presence in the APAC market.