15 August 2022Reinsurance

AM Best to present at Asian Captive Conference

AM Best will take part in the annual Asian Captive Conference, which will take place on Thursday, 18 August 2022, in Kuala Lumpur, Malaysia.

Rob Curtis, managing director of market development for the Asia-Pacific region at AM Best, will deliver a presentation at the event, titled, “A Closer Look at Global Trends in Captive Insurance.”

Globally, commercial insurance rate increases have been driving an uptick in new captive formations, with greater utilisation of existing captives, particularly as the industry reacts to losses resulting from the COVID-19 pandemic. The presentation will focus on these trends and other leading issues.

Curtis also will join a panel, titled, “Captive Developments in Asia,” to discuss what captive insurance industry participants are seeing across the industry, including emerging risk and regulatory developments, as well as key growth industries for potential captive formations.

The Asian Captive Conference is hosted jointly by the Labuan International Insurance Association and the Labuan International Business and Financial Centre, and is dedicated to the development of self-insurance in the region.