Strategic Risk Financing: Capturing Opportunity
Navigating new forms of volatility
Today's dynamic business environment is characterised by unprecedented levels of uncertainty, ambiguity, and volatility. These conditions have been magnified by the insurance market’s counter-cyclicality - conventional insurance pricing has been high, and its availability limited, at precisely the time when it is needed most.
CEOs, CFOs, CROs and insurance managers have been confronted with the need to review insurance usage as a financial risk transfer solution. Strategy around risk retention, and the role that captive insurance can play, have been front-and-centre to C-Suite deliberations.
To help organisations make better decisions around strategic risk finance, Aon, in partnership with Swiss Re Corporate Solutions, has examined the captive instruments available, including corporation captives, virtual captives, and protected cell captives.
Watch the video sessions below for insights from Aon and Swiss Re Corporate Solutions specialists on enterprise risk and re-insurance markets, and the opportunities, benefits and limitations associated with captive mechanisms.
Enterprise Risk and Insurance Market Context
In this session we examine the current market trends and what may motivate an organisation to consider structured risk retention mechanisms.
Speakers:
- Richard Jones, Chief Executive Officer, Reinsurance, Asia
- Richard Waterer, Global Risk Consulting Leader, Aon
Why Self Insurance?
With respect to insurable risk this session addresses the question of whether higher retentions pay off and discusses how a captive arrangement can help to support.
Speakers:
- Andre Martin, Head of Innovative Risk Solutions, Asia Pacific, Swiss Re Corporate Solutions
- Thomas Keist, Global Captive Solutions Leader, Swiss Re Corporate Solutions
Captives and Risk Capital - Strategy, Tactics and Mechanics
In this session we explore how a captive is not only a tool to manage self-insured retentions, but can also be an effective way to access new capital pools.
Speakers:
- John English, Chief Executive Officer, Captive and Insurance Management, Aon
- George Ong, General Manager, Captive and Insurance Management, Aon
Alternatives to Captives
In this session we examine what alternatives exist to captives and whether a similar effect can be achieved without the need for new or distinct legal entities.
Speakers:
- John English, Chief Executive Officer, Captive and Insurance Management, Aon
- Thomas Keist, Global Captive Solutions Leader, Swiss Re Corporate Solutions
Bringing it All Together
In this panel discussion our specialists speak about the evolving insurance market in the Asia Pacific region and share perspectives on virtual captive arrangements, conventional capacity changes for challenged industries, captive contributions to claims optimisation, tax considerations, and more.
Speakers:
- Anthony Atkins, Associate Partner, Consulting, Ernst & Young Advisory
- Didier Belot, Corporate Solutions Head of Southeast Asia, Swiss Re Corporate Solutions
- John English, Chief Executive Officer, Captive and Insurance Management, Aon
- Bruce Gordon, Global Risk Consulting Leader, Asia Pacific, Aon
Ready to find out how a captive can help your organisation? Talk to our captive insurance specialists.