SINGAPORE, Aug 15 (Bernama-BUSINESS WIRE) — AM Best will participate in the annual Asian Captive Conference, which will take place on Thursday, 18 August 2022, in Kuala Lumpur, Malaysia.
Rob Curtis, managing director of market development for the Asia-Pacific region at AM Best, will deliver a presentation at the event, titled, “A Closer Look at Global Trends in Captive Insurance,” at 9:25 a.m. (MYT). Globally, commercial insurance rate increases have been driving an uptick in new captive formations, with greater utilisation of existing captives, particularly as the industry reacts to losses resulting from the COVID-19 pandemic. The presentation will focus on these trends and other leading issues. AM Best rates more than 200 alternative risk transfer entities, including single-parent and group captives, risk retention groups (RRGs) and protected cell captives, in a number of domiciles.