Month: September 2018

All businesses have risks – but not all risks can be prepared for. In May 2017, a massive cyberattack known as WannaCry infected over 200,000 computers in 150 countries, affecting major telecommunications and energy providers, banks and government services. In the first four days of its release alone, the virus became responsible for over USD1…

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The Organisation for Economic Co-operation and Development (OECD) released the first Base Erosion and Profit Shifting (BEPS) discussion draft on the transfer pricing aspects of financial transactions and invited public input on the additional guidance concerning the application of Actions 8 -10 of the BEPS Action Plan. The plan addresses specific issues related to the…

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All the best business ideas and models could prove to be futile without the right location. Be it logistics, infrastructure, target market or governance, making the right location choice could determine if your business is primed for success or struggling to survive. It’s much the same for a captive insurance business. While captives, as a…

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The digital disruption wave is sweeping across all industries in ways previously never imagined. With relentless rise of new technologies such as artificial intelligence, machine learning and internet of things (IoT), it dictates the growth of businesses as well as its ability to give value to its customers or clients. Simply put, business as usual…

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The captive insurance industry in Asia is experiencing encouraging growth and it’s expected to continue its upward trajectory in years to come. This recent surge in trend may come as a surprise to many upon discovering that the concept of captives has actually been in place in Asia for more than two decades. On the…

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