China’s fast growing and maturing multinationals could present the next boom in captive growth with Hong Kong well positioned to capitalise, according to Yves Betz, head of AXA XL Multinational Solutions.
Mauritius licensed two new captives in December, recent updates to the domicile’s regulatory register shows, in a move that doubled its number of non-PCC captives.
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.