a captive case study - labuan ibfc · presentation a captive case study kelvin wu group senior...
TRANSCRIPT
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.