The Chinese property insurance industry is forecast to grow at a compound annual growth rate (CAGR) of 12...
China: Captive insurer faces volatility risk due to small net earned premium base
COSCO Shipping Captive Insurance has reported net profits each year from 2017 to 2022 and an average return on equity of 4.8% over the last five years...
COSCO Shipping Captive Insurance has reported net profits each year from 2017 to 2022 and an average return on equity of 4.8% over the last five years...
Article / 6 months ago
India: Government can gain from establishing insurance captives
In India, like large corporations and cooperatives, the government too can benefit from the use of insurance captives for public programmes like...
In India, like large corporations and cooperatives, the government too can benefit from the use of insurance captives for public programmes like...
Article / 1 year ago
Australia: Premium hikes could lead to switch to risk transfer alternatives
Long-standing insurance programmes in Australia may need to be revisited and could be challenged as premium increases for certain risks accelerate, says...
Long-standing insurance programmes in Australia may need to be revisited and could be challenged as premium increases for certain risks accelerate, says...
Article / 1 year ago
China: Captive insurer benefits from group support and related business
COSCO Shipping Captive Insurer achieved a net profit each year from 2017 to 2021 and has an average return on equity of 4.7% since 2017, notes AM Best....
COSCO Shipping Captive Insurer achieved a net profit each year from 2017 to 2021 and has an average return on equity of 4.7% since 2017, notes AM Best....
Article / 2 years ago
Malaysia: Captive insurance to be a primary focus in Labuan IBFC's 5-year strategy
Labuan International Business and Financial Centre (Labuan IBFC) continues to expand, with a 28% rise in its premiums for captive business and approval...
Labuan International Business and Financial Centre (Labuan IBFC) continues to expand, with a 28% rise in its premiums for captive business and approval...
Article / 2 years ago
India: Panel suggests building International Financial Services Centres into aviation, marine and trade credit hubs
A committee has submitted its report to the International Financial Services Centres Authority (IFSCA) proposing several key areas and recommendations to develop...
A committee has submitted its report to the International Financial Services Centres Authority (IFSCA) proposing several key areas and recommendations to develop...
Article / 2 years ago
China: COSCO Shipping Captive Insurance expects steady premium volume and positive bottom line
COSCO Shipping Captive Insurance Co has posted a net profit each year since its inception in 2017 with an average annual...
COSCO Shipping Captive Insurance Co has posted a net profit each year since its inception in 2017 with an average annual...
Article / 3 years ago
Malaysia: Labuan international financial centre licenses 8 captive insurers in 2020
Labuan International Business and Financial Centre (Labuan IBFC) charted strong captive growth in...
Labuan International Business and Financial Centre (Labuan IBFC) charted strong captive growth in...
Article / 3 years ago
China: Captive insurer's profitability seen as good, backed by stable investment income
CNPC Captive Insurance Company's profitability is good, supported by a stable level of investment income...
CNPC Captive Insurance Company's profitability is good, supported by a stable level of investment income...
Article / 3 years ago
Clubs are a big buyer of (captive) reinsurance
The International Group of P&I clubs (IG) chairman Paul Jennings, speaking at its inaugural VIP briefing in Singapore yesterday, noted that the choice of...
The International Group of P&I clubs (IG) chairman Paul Jennings, speaking at its inaugural VIP briefing in Singapore yesterday, noted that the choice of...
Article / 4 years ago