Asia’s Premier International Financial Hub
Managing An Asian Captive Insurance Company in An Era of Transparency and Substance (Osaka)

The concept of self-insurance vehicles such as captives have long been used by Western nations in managing risk. In Asia, however, this concept is relatively new and is still being explored by more forward-thinking corporations.

Japanese corporations lead other nations in exploring this concept and have long been the most active captive insurance users in the region. However, of late there has been some questions as to the usability of this vehicle for various reasons.

Come and join us to learn that regulations should not hinder the use of this efficient risk management vehicle, and how substance can be created in a cost-efficient manner, in a well-developed as well as accessible jurisdiction.

Speakers
  • Farah Jaafar

    Farah Jaafar is the Chief Executive Officer of Labuan IBFC Incorporated Sdn Bhd (LIBFC Inc.), the official promotion and marketing agency for Labuan International Business and Financial Centre (Labuan IBFC) since January 2018. She brings with her more than 20 years of experience in capital markets and the wholesale financial services sector, putting her in good stead to promote Labuan IBFC as the preferred midshore jurisdiction in Asia Pacific.

    Farah was formerly attached to the Asian Institute of Finance and Bursa Malaysia, where she was involved in senior market development and strategic communications roles. She also managed the Association of Stock Broking Companies Malaysia, the industry lobby group representing Malaysian stockbrokers, allowing her a unique insight and hands on experience with issues surrounding multiple stakeholder management.

    Farah has a LLB (Hons) from Sheffield University, United Kingdom.

  • Takuhide Mitsui

    Takuhide Mitsui is a founder of Mitsui Company, one of the recognized law firms in Japan for its practice in the cross-border arena, especially finance and corporate.

    He is qualified in Japan and New York practicing over 30 years, principally based in Tokyo, save for a couple of years in New York with a law school and a law firm and another couple of years in London with a law firm and a merchant bank in the City, has advised or acted for the financial sector, such as banks, securities brokers/dealers, asset managers and insurance companies. He is also known to the market as pioneered in legal and regulatory aspects of the derivatives in Japan rendering opinions for ISDA, Bank of England and Federal Reserve Bank.

    He has an LLB from The University of Tokyo and an LL.M from Columbia University School of Law.

  • Yon Zahimah Ibrahim

    Yon's current portfolios include managing the communications for Labuan FSA including stakeholders engagements and external relations, managing collection and analysis of comprehensive data through the statistical management system and providing analysis on issues impacting Labuan IBFC. She is also handling secretarial work for the organisation.

    Other portfolios covered by her previously include managing the business development team in promoting Labuan IBFC's products and services and thereafter managing the business operations team in licencing of financial institutions as well as handling operational matters relating to the industry players in Labuan IBFC.

    Prior to joining Labuan FSA, Yon had the opportunity to work with domestic and international banks in Labuan IBFC.

  • Annie Undikai

    With 20 years’ experience in the industry, Annie Undikai is a qualified professional accountant and a Certified Financial Planner. A Bachelor‘s Degree (Hons) graduate in Accounting and Computing Science, she gained extensive exposure in handling all aspects of accounts, taxation, investment, administration and management consultancy. She started her career with one of the top 5 audit firms and from 1997 to 2004, she joined Etiqa Offshore Insurance (L) Ltd (previously known as MNI Offshore Insurance (L) Ltd, a licensed Labuan insurer, Underwriting Manager and Insurance Manager as Head of Operations and Marketing. Prior to 1997, she was the Group Financial Controller of a shipping and transportation company.

    Twelve years ago, she founded Brighton Management Limited, an independent licensed insurance/underwriting manager and specialized in providing insurance management services to insurance and insurance-related entities, including captives and now managing over 70 clients worldwide.

  • Naoyoshi Araki

    Naoyoshi Araki is the Representative Director at Japan Risk Specialist Limited. After he graduated from Faculty of Economics, Keio University in 1986, he started his career as the financial derivatives trader at American securities company. In 1998, after 10 years of working as the financial derivatives trader, he started working for the German reinsurance company engaging with reinsurance business, mainly focusing on reinsurance underwriting and assessment work of engineering insurance and property insurance.

    In 2007 he started working for Aon Risk Specialist Limited, engaging reinsurance broking business then appointed as the President of the same company in 2008. In 2009, with the change of shareholders of the company, he became the Representative Director at Japan Risk Specialist Limited.


Event Details

Date:
21-June-2018 (Thurs)

Time:
1:30 PM - 5:30 PM

Address:
Osaka Festival Suite Nakanoshima Festival Tower, 37th Floor, Nakanoshima
2-3-18 Kita-ku,
Osaka, Japan.

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Stay ahead of the game
Access a wealth of information from Labuan IBFC from reports on forward-thinking research to insightful articles.
Get in touch
Interested to setup your business in Labuan? Speak to our dedicated advisors to find out more.
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