Construction firms are increasingly utilising non-traditional methods to manage their risks in the face of the recent challenging insurance market conditions and one of these alternative solutions has been the use of captives.

According to recent market reports, the Asia captive insurance market is projected to experience significant growth, with forecasts indicating a Compound Annual Growth Rate (CAGR) of around 14.8% during the coming years, driven by increasing risk maturity among Asian businesses and a growing understanding of captive insurance benefits. In this session we explore the key factors driving the growth in the use of captives, the predicted market size expansion and the leading domiciles.