Tag: Announcements

By Farah Jaafar-Crossby, The Asian Captive Conference Secretariat The establishment of a captive insurance entity or any form of self-insurance requires some maturity and sophistication in terms of the company’s financial and risk management. And Asia is by no means impoverished in these areas. However, some would still go so far as to say that…

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As of the second quarter of this year, there were 43 captives established in Labuan International Business and Financial Centre (Labuan IBFC), compared to 39 at the end of last year, according to official data from Labuan IBFC. Labuan IBFC Chairman Mohammed Azlan Hashim said: “We envisage this positive trend to continue as Labuan IBFC…

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The overlapping markets of the mutual, captive and takaful industries are likely to provide an important impetus for the wider use of group captives among small and medium-sized enterprises (SMEs), Bank Negara Malaysia governor Mr Muhammad Ibrahim has said. Speaking at the inaugural Asian Captive Conference 2017 hosted by Labuan International Business and Financial Centre…

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A recent survey commissioned by the Labuan International Business and Financial Centre (Labuan IBFC) showed that the risk management and insurance community are confident that the midshore centre has the right ingredients for businesses to establish their captive insurance companies. Entitled ‘Attitudes towards Captive Insurance in Asia’, and conducted by the world’s leading captive trade…

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Captive Review has published the white paper, Attitudes Towards Captive Insurance in Asia, in collaboration with the Labuan International Business and Financial Centre (IBFC). The bespoke report was brought together by Richard Cutcher, editor of Captive Review, in response to a survey of the risk and insurance management community in Asia Pacific. It reveals some…

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In the last two decades, Labuan International Business and Financial Centre (IBFC) has evolved from an offshore to a midshore financial centre with a unique proposition. Labuan IBFC Inc CEO Danial Mah Abdullah talks about how it has remained relevant to the needs of individuals and companies beyond wealth management. Personal Wealth: Could you tell…

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Hundreds of Asia’s leading insurance executives and upcoming talent will converge on Manila on 6-9 May next year for the 29th East Asian Insurance Congress (EAIC). The EAIC Executive Board set the dates at its meeting in the Philippine capital on 14 July. Chairman of the 29th EAIC Organising Committee, Mr Ramon Dimacali, said that…

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Captive expert Malcolm Cutts-Watson has become a member of the international advisory panel for the Labuan International Business and Finance Centre (IBFC), having been invited by the Labuan Financial Services Authority. Cutts-Watson is the founder and managing director of Cutts-Watson Consulting, which provides consulting services to the captive industry. He will start in the role…

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The Labuan International Business and Financial Centre (Labuan IBFC) and Labuan International Insurance Association (LIIA) will host a two-day captive conference in August. The Asian Captive Conference will be held in Kuala Lumpur on 16 and 17 August and will include a presentation from Richard Cutcher, editor of Captive Review, on Attitudes towards Captive Insurance…

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Labuan International Business and Financial Centre (Labuan IBFC) and Labuan International Insurance Association (LIIA) are jointly organising The Asian Captive Conference (ACC 2017) in Sasana Kijang, Kuala Lumpur on 16 and 17 August 2017. Themed ‘De-Risking Asia: The Growing Role of Self-Insurance’, ACC 2017 is aimed at enhancing the awareness of the role of self-insurance,…

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