AM Best Information Services




JANUARY 11, 2021 07:54 AM (EST)

AM Best Webinar to Focus on Captive Rating Approach and GCC Market Trends for Captive Insurers


CONTACTS:
 Edem Kuenyehia
Director, Market Development & Communications
+44 20 7397 0280
edem.kuenyehia@ambest.com


FOR IMMEDIATE RELEASE

LONDON - JANUARY 11, 2021 07:54 AM (EST)
AM Best will host a complimentary webinar on Tuesday, 19 January 2021, at 14:00 (GST) on captive insurance trends in the Gulf Cooperation Council (GCC) region. Captives are an important risk management tool for their owners, providing them with the flexibility to navigate the insurance and reinsurance underwriting cycles and maintain access to the risk cover they require on an ongoing basis. Recent market and regulatory changes have meant that captives are becoming increasingly appealing to regional corporates.

This event brings together two global captive market leaders to highlight the benefits of captives from an owner’s perspective, as well as to discuss the participants’ experiences in operating within the GCC markets.

Marsh, as the world’s largest captive manager, will present developments on the GCC captive markets.

AM Best is a global leader in the rating of alternative risk transfer entities, covering more than 200 such vehicles, including single-parent and group captives, risk retention groups, and will discuss the main areas of analysing a captive.

The webinar will also reflect on the reasons for and benefits of establishing a captive’s, recent developments in the GCC captive market, and AM Best’s analytical approach to rating captives.

Vasilis Katsipis, general manager, market development, AM Best will moderate the sessions, which include presentations and panel discussions by Ronny Vellekoop, senior executive officer, Marsh Captive Solutions, Tim Tovell, group insurance manager, DP World and Ghislain Le Cam, director, analytics, AM Best.

To register now and mark a calendar entry for joining this important seminar, please go to http://www.ambest.com/webinars/GCC21 Attendees can submit advance questions during registration or by emailing webinars@ambest.com. Webinar playback will be available to registered viewers shortly after the event.

AM Best remains the leading rating agency of alternative risk transfer entities, with more than 200 such vehicles rated throughout the world. For current Best’s Credit Ratings and independent data on the captive and alternative risk transfer insurance market, please visit www.ambest.com/captive.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City.