Sept 2017
Insight
Plus
Direct from Asia Pacific's Leading Midshore Business and Financial Centre.
The establishment of a captive insurance entity or any form of self-insurance requires some maturity and sophistication in terms of the company's financial and risk management. And Asia is by no means impoverished in these areas.
However, some would still go so far as to say that the region is not ready for a more robust self-insurance or even captive insurance presence, but how true is this? ...
Close to 70% of respondents are “very comfortable” using Labuan IBFC as their domicile choice for captives.
How do you perceive Labuan IBFC as a captive domicile specifically and risk management domicile generally?
Top two factors that captive owners feel are most important when choosing a domicile.
Factors discouraging captive utilisation in Asia.
Future growth potential for captives in Asia.
The Asian Captive Conference 2017 was successfully concluded recently. It was attended by about 300 local and regional delegates, all of whom had the opportunity to interact and listen to a range of topical subject from speakers coming from various countries in the region.
We are indeed proud to have jointly hosted this conference with Labuan International Insurance Association, and we would like to take this opportunity to thank everyone involved for making this conference such a success.
For those who could not join us at the conference, we are pleased to share the survey conducted by Captive Review entitled ‘Attitudes towards Captive Insurance in Asia’ in this edition of Insight Plus. And the presentation slides from the Conference are also available for viewing here.
Until then, we hope to meet you at our upcoming events.
Danial Mah Abdullah
CEO, Labuan IBFC
The most common misconception about captives in Asia.
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