AON Risk Solutions: An introduction to captives
August 12 2015
To help organisations lower their total cost of risk, insurance and risk professionals across Asia are considering alternative methods of risk financing. One such method is captive insurance.
In fact, Aon’s 2015 Global Risk Management Survey showed an increase in captive owners in the Asia Pacific region, increasing from 17 percent in 2013 to 23 percent in 2015. Globally, the same trend was seen and just under 18 percent of the 1,418 respondents have reported having an active captive or Protected Cell Company (PCC), up from 15 percent in 2013.
Captives can provide several advantages to organisations in all industry groups and geographies and are an effective way to take financial control of insurance allocations and manage risks. However, before deciding to establish a captive, companies need to carefully consider the capital commitment, the risks of adverse results, operating costs and the commitment required from the management team.
Aon Risk Solutions
-
SIRC: Distinct reinsurance solutions are emerging to address emerging capital strategies: Guy Carpenter
- November 4
As insurers improve their understanding of the risks they are carrying and capital productivity, structured reinsurance and alternative sources of reinsurance capital are being increasingly considered, Guy Carpenter’s Justin Ward says.
-
QBE’s Hammond on transformation and growth
- July 2
The Asia chief executive discusses Covid-19, going digital and restructuring.
-
Swiss Re: Nat cats and man-made disasters in 2018
- April 10
Climate change, increased urbanisation and a growing concentration of assets were on the risk agenda for 2018.
-
Willis Towers Watson: 2019 Asia Market Report
- March 19
Economic uncertainty, more complex risks and tighter underwriting are all influencing Asia's markets.
-
Beazley | Navigating geopolitical risks at sea
Maritime shipping faces growing geopolitical threats—missiles, drones, GPS interference, and cyber sabotage—requiring better intelligence, crew welfare, and resilience measures.
-
Zurich | Why resilience will define the winners of Asia’s clean energy transition
Planning for future conditions from the outset can improve operational reliability, reduce potential disruption and protect long-term asset value.
-
Sedgwick | Captives in Asia: From Niche Solution to Strategic Risk Platform
Captive insurance has evolved from niche tool to strategic risk infrastructure in Asia, with connected claims data seen as key to unlocking its full value.
-
BlackRock | Rethink the rules: how TAA and ETFs are reshaping portfolio construction
BlackRock's Daniel Caderas and MSCI's Raman Aylur Subramanian explain why tactical asset allocation (TAA) and exchange-traded funds (ETF) have become essential as global markets fragment and static allocations lose their reliability.