Employee benefits (EB) risks captured in a captive have grown in popularity globally with health and medical benefits. Multinationals that already have EB business in their captives are still looking to add new lines of business and new countries to their programme. Faced with the evolution of traditional risks, captives can offer the ability to adapt and become a tool for business resilience.

For risk managers, adding EB allows them to diversify their captives with additional lines of risk. Employers can have greater control of their EB costs by reinsuring their captives. With an active and centralized captive approach, risk managers can make changes to their EB programmes and implement even more initiatives in a financially viable way. This panel discusses how businesses can diversify their risks by having EB risks added to their captives.

Panelists:
Juliet Kwek, Regional Director, Asia Pacific, MAXIS GBN
Shiwei Jin, Global Programs & Captives Regional Director, Asia Pacific, AXA XL
Farah Jaafar, CEO, Labuan IBFC Inc.

Moderator:
Soni Srivastava, Regional Head of Corporate Insurance, Asia Pacific, Deutsche Bank