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International Seminar on Captive Insurer Management for Chinese Enterprise Groups Held

2015-06-26

Author:Editorial Team

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       On June 26, 2015, the "International Seminar on Captive Insurer Management for Chinese Enterprise Groups", jointly hosted by the Beijing Insurance Research Institute and the China Federation of Industrial Economics and exclusively organised by Great Wall Insurance Brokers Co., Ltd., was grandly held at the Jintai Hotel in Beijing. The seminar received strong support and guidance from the China Insurance Regulatory Commission. More than one hundred attendees, including leaders from relevant government departments, captive industry experts from home and abroad, corporate client representatives of our company and invited guests, attended the event. They held extensive and in-depth exchanges on the internationally prevalent approach of large enterprises retaining risk - namely, establishing captive insurers for risk management; jointly explored the development path of China's captive market; and drew on leading international practices in the establishment, operation and business models of captive insurers as a reference for Chinese enterprise groups.

     Mr. Craig Stuppiello, Chief Operating Officer, and Mr. Doumenico, Regional Business Development Director, of the world-renowned captive management company - the UK's Kane Group - shared with participants the development history and current market conditions of international captive insurers, and elaborated on the organisational structure and operating model of international captives. Guests at the seminar engaged in lively exchanges and discussions on the presentations.