Captive News

Global captive market updates, regulatory news and industry insights

Micronesia's Captive Count Reaches 25 in 2018

The FSM added 3 new captives and voluntarily terminated 2 licenses in 2018, bringing the total number of actively licensed captives at the end of 2018 to 25.

2019-05-08

Author：Editorial Team
2018 Labuan Becomes the Fastest-Growing Captive Market in Asia-Pacific

In 2018, Labuan added 5 new captives, achieving 2 consecutive years of growth since 2016 and becoming the fastest-growing captive market in the Asia-Pacific region.

2019-05-05

Author：Editorial Team
Cambodia and Singapore strengthen cooperation in FinTech Innovation

The Monetary Authority of Singapore (MAS) and the National Bank of Cambodia (NBC) today signed a Memorandum of Understanding (MOU) to strengthen cooperation in FinTech innovation between both countries.

2019-05-02

Author：Editorial Team
Hawaii Captive Industry’s Growth

Hawaii Captive Council Paul Shimomoto, said Japanese-owned captive insurers have surpassed 10% of the state’s captive population.

2019-03-28

Author：Editorial Team
Large coalition of associations calls on European Council to address flaws in ePrivacy proposal

Insurance Europe has joined a coalition of 66 other associations that has sent a joint letter today to the European Council to express strong concerns about the discussions on the proposal for an ePrivacy Regulation.

2018-12-27

Author：Editorial Team
Emerging economies have $160bn insurance gap

An estimated $163bn of assets are underinsured in the world today, leaving an exposure gap that poses a significant threat to livelihoods and global prosperity, according to new research from Lloyd’s and the Centre for Economics and Business Research (CEBR).

2018-12-27

Author：Editorial Team
Insurance claims expected to reach Rp 15.9t following tsunami

Insurers will have to pay out an estimated Rp 15.9 trillion (US$1.09 billion) in claims to policyholders affected by a tsunami that struck Lampung and Banten last week, according to insurance companies PT Maskapai Reasuransi Indonesia (REI) and PT Asuransi Maipark Indonesia.

2018-12-27

Author：Editorial Team
Lloyd's begins search for next wave of InsurTech innovators

Lloyd’s Lab, the innovator accelerator launched by the Lloyd’s market last September, is today launching a new global search for the next cohort of InsurTech innovators. The programme targets entrepreneurs and start-ups able to develop products, platforms and processes that offer technology driven solutions to some of the challenges faced by Lloyd’s.

2018-12-27

Author：Editorial Team
London again tops latest GFCI ranking

London has again come out at the top of the twice-annual Global Financial Centres Index, which ranks the world’s leading financial centres, but those who compile the index suggest that there are likely to be changes down the road as a result of Brexit.

2018-12-23

Author：Editorial Team
Pakistan: Regulator to tighten governance rules for insurers

The Securities and Exchange Commission of Pakistan (SECP) has proposed to issue a directive to the insurance sector to provide information about the sponsors, promoters and major shareholders of insurers and insurance intermediaries, which would now also include the details of ultimate beneficial owners of these companies.

2018-12-21

Author：Editorial Team

FirstPrev1234567...NextLast