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.
Bermuda-based (re)insuser Everest Insurance has launched its Australian arm to expand its presence in the APAC market.
According to an official statement, the agreement was made during the ninth Working Meeting of Hong Kong-Shanghai Financial Cooperation in Hong Kong as part of a broader pact between the two cities on enhancing financial ties.
The event aims to bring together over 300 risk and insurance professionals from the Philippines and across Asia Pacific.
Based in Singapore, Thomas will report to Chris Colahan, AIG regional president in Asia Pacific.
Based in Melbourne, Solution is a specialist insurance underwriter that focuses on financial lines insurance products.
Based in Mumbai, he will report to George Attard, CEO of Aon Reinsurance Solutions in Asia Pacific, and join the region’s reinsurance executive committee.
In this role, he will be responsible for new business development across the Asia Pacific region, supporting client relationships in the key areas of credit, bond and political risk.