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Mar 2024

Captive insurance in the Middle East

Source: Middle East Insurance Review | Dec 2022

Across the globe, boards and senior management of corporates have been forced to reassess their risk management strategy and options. While insurance remains one of the traditional risk management tools for risk managers, it has become increasingly expensive in recent years. This makes it an opportune time for risk managers to consider whether captive insurance might be a practical and commercially viable risk management solution, says the Dubai Financial Services Authority’s Mr Peter Smith.
 

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