The Middle East has experienced rapid economic growth and diversification across various sectors, including energy, construction, finance, and healthcare. As companies expand their operations and face more complex risks, captives start to play an increasingly important role in their risk management strategies.
Yves Betz, Head of Multinational Solutions at AXA XL, addresses a range of topics, including the evolving attitude of the commercial market towards captives, the increasing capital and capacity attracted to captive reinsurance and ART solutions, and the growing role of China in the captive marketplace.
In this GCP Short, produced in partnership with MARSH, we explore the growth areas of international employee benefits and medical stop loss in captives.
As captives write business around the world, particularly when on a direct basis, they have to be mindful of complex and often changing local taxes and levies in each territory that they are active.
