Asia’s high-tech production industry is huge, sophisticated and growing but carries a myriad of risks, from devastating earthquakes to highway robbery.
In recent years, experts have been expecting to see a rise in the use of captives across Asia, but the widespread use of self-insurance vehicles has yet to occur in the same way as it has in the US, Europe and more recently, Latin America. However, conditions are ripe for captive growth and there is a feeling that it is just a matter of when, rather than if, captives become a mainstay of Asian corporates’ approach to group insurance purchasing.
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