A CAPTIVE CASE STUDY - Labuan IBFC · presentation a captive case study kelvin wu group senior...

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Transcript of A CAPTIVE CASE STUDY - Labuan IBFC · presentation a captive case study kelvin wu group senior...

PRESENTATION

A CAPTIVE CASE STUDY

KELVIN WU GROUP SENIOR MANAGER,

RISK MANAGEMENT & INSURANCE, INTERNATIONAL SOS

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INTRODUCTION TO INTERNATIONAL SOS

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a Captive new business!

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Building blocks: • Premium savings • Loss prevention • Single class of risk

What’s next?

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A (new)

business!

Embrace the

Limelight

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• Increased visibility

• Senior management engagement

• Changing focus from Cost to Profit & Loss / Risk Mgmt

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… and it is alright

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It is

afterall…

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• Premium must reflect reality

• Risk Transfer must occur

• Claims will happen

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3 Key Takeaways...

• Create a New Business

• Embrace the Limelight

• Volatility is alright

THANK YOU KELVIN WU GROUP SENIOR MANAGER, RISK MANAGEMENT & INSURANCE, INTERNATIONAL SOS

DISCLAIMER: This presentation should not be regarded as

offering a complete explanation of the matters referred to and is

subject to changes in law. It is not intended to be a substitute for

detailed research or the exercise of professional judgment. The

organising committee of the Asian Captive Conference cannot

accept any responsibility for loss occasional to any person acting

or refraining from action as a result of any material in this

presentation. The republication, reproduction or commercial use

of any part of this presentation in any manner whatsoever,

including electronically, without the prior written permission from

Committee is strictly prohibited.