Asian Home Grown Captives: Ready Or Not, Here We Come!

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 the region is not ready for a more robust self-insurance or even captive insurance presence, but how true is this?

Being a niche area, not many understand or fully appreciate its benefits. Notwithstanding, am happy to note that the trend certainly suggests that the momentum is building, with captive insurance fast gaining popularity among the large corporations while SMEs are starting to appreciate it.