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Captive insurance in the Middle East

Across the globe, boards and senior management of corporates have been forced to reassess their risk management strategy and options. While insurance remains one of the traditional risk management tools for risk managers, it has become increasingly expensive in recent years. This makes it an opportune time for risk managers to consider whether captive insurance might be a practical and commercially viable risk management solution, says the Dubai Financial Services Authority’s Mr Peter Smith.

Emerging use of captives in the post-pandemic era

The captive insurance industry has come a long way from being dominated by Fortune 500 companies, to now being tapped by even small and mid-sized organisations. This growth has been driven by the desire to gain more control over insurance placement and has accelerated following the disruption caused by COVID-19 and the hardening pricing trend seen in recent years, say EY MENA’s Messrs Jonathan Matchett and Thomas Sam.

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Magazine

Dec 2022

Magazine Table of Contents

Captives

Captive insurance in the Middle East

Emerging use of captives in the post-pandemic era

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Magazine

Dec 2022

Contents

Magazine Table of Contents

Captives

Captive insurance in the Middle East

Emerging use of captives in the post-pandemic era

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