When a business sets up a captive insurance company, the ball is very much in their court. Robert Geraghty, business development manager for EMEA and Asia Pacific at Marsh Captive Solutions, tells Captive International of five niche risks that are well-suited for captives.
With the possibility of a hard Brexit looming, Captive International speaks with Nigel Feetham, partner at Hassans, who has been on a fact-finding mission to lay out the best strategy for companies looking to protect their European business.
BEPS is in many ways the same challenge for captives as Solvency II was for many insurers, says Mike Stalley, chief executive of FiscalReps and principal at complianceDNA.
The captive solution—a company’s own piggy bank—emerges as a contemporary approach to new risks that may be covered at only great expense, or not at all, on the traditional insurance market, says Marcus Schmalbach of Fachhochschule des Mittelstands.
With Asian companies on the verge of embracing the use of captives as a form of risk management and transfer, leading to an explosion in their use, Labuan IBFC is well positioned as the domicile that could benefit most from this, as Danial Mah Abdullah, its chief executive, tells EMEA Captive.
Malta is highlighting its advantages as a domicile for captive insurance in an increasingly uncertain world, EMEA Captive reports.
The UK’s decision to leave the European Union will present many challenges for the captives sector—but the biggest could simply be managing the inevitable period of uncertainty during the waiting game before the details of a post-Brexit world start to emerge, EMEA Captive reports.
The use of protected cell companies in the EMEA region is predicted to soar as more companies grasp the benefits and regulators enable legislation permitting their use. EMEA Captive investigates.
The island is well placed to help develop captive opportunities in the international arena, as demonstrated by two recently signed contracts, says Dominic Wheatley of Guernsey Finance.
Solvency II represented a big change in the way risk transfer companies and vehicles are regulated, and captives were no exception. But while some regulators and companies have adjusted, there is still much to play out in this landscape, EMEA Captive reports.