A Closer Look at Captive Insurance Vehicles



Across the world, a growing number of companies are resorting to captive insurance companies to provide insurance and lower the costs associated with paying claims to third parties. In the region, high levels of economic growth have not only provided new business opportunities but also increased the number of risks companies face. As risk management becomes more sophisticated, an increasing number of large local companies are looking at various options to finance that risk. Captive insurance provides a highly effective tool for these firms.