According to an official statement, the agreement was made during the ninth Working Meeting of Hong Kong-Shanghai Financial Cooperation in Hong Kong as part of a broader pact between the two cities on enhancing financial ties.
DIFC also reported a 20 per cent increase in registration of (re)insurance firms, including the first re-domiciliation of a Guernsey-based captive.
It aims to address investment managers' demand for greater clarity following Solvency II reforms and insurers' increased focus on solvency risk factors.
Titled ‘Positioning for the Future’, the event is expected to connect risk managers, captive owners, those considering setting up a captive, brokers, board members, advisers and insurers.
With extensive experience in the global (re)insurance industry, Goddard has held several underwriting and leadership roles, most recently as director of underwriting for specialty casualty at W. R. Berkley Corporation.
With an initial focus on the Benelux region, Germany, France, Denmark, Norway, Finland and Sweden, the company aims to use high resolution data, AI and automation to provide accurately priced freight insurance and insight products.
The new practice will brings together Marsh's parametric solutions, alternative risk transfer, captives and complex risk offerings.
CICA President Dan Towle hails the captive industry’s rapid growth, showcased by record attendance at the 2024 Conference, and outlines emerging trends – from talent initiatives driving diversity to private equity’s influx shaking up the job market
Ryan Martin, captive supervising financial analyst, South Carolina Department of Insurance speaks with Captive Insurance Times about his journey into the industry
Marsh’s Ellen Charnley speaks to CIT about ReadyCell, the company’s AI-powered risk financing solution
Milliman’s Tara Miller speaks to Frances Jones about her experiences and influences in the industry
Industry experts discuss 2023’s captive market performance, trends and developments and share predictions for the coming year
Dana Munnings-Gray, acting superintendent of insurance, summarises recent developments in The Bahamas’ captive insurance industry
Chief Robert Burkybile III, tribal chief of the Modoc Nation in Oklahoma, discusses concerns about misconceptions and prejudices towards tribal domiciles in the micro-captive insurance industry and provides clarity regarding the Modoc Nation’s high standards
Dana Munnings-Gray, acting superintendent of insurance, outlines the benefits of The Bahamas as a captive domicile
Datuk Iskandar Mohd Nuli summarises how Labuan IBFC provides a complete captive-centric ecosystem that caters to the lifecycle of a self-insurance company
Strategic Risk Solutions observes further domestic options for Canadian captives, while examining the markets of onshore domiciles, Alberta and British Columbia, and offshore in Barbados
MOCIA’s revitalised board discuss their aims for captive insurance in the region in 2024
