Beijing and Guernsey in captive insurance joint ventureNovember 30 2017 by InsuranceAsia News Staff
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Brokers and (re)insurers are advocating for a more structured approach to the captive model.
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Energas Insurance has has a five-year average combined operating ratio of 66%.
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The regulator has been working on the project with a private and public partnership the most likely outcome.
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Buoyed by the hard market, Labuan recorded US$71m in premiums and approved 18 new captives by the end of Q3 2021.
Tropical cyclones have always been a significant peril in Asia and a major focus for risk assessment in the region.
Customers are responding positively to several key initiatives in the region.