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Captives Offer Stability Amid Turmoil
01-10-2008
Ensurion foresees a bright future for regional captives as well as for its institutional clients that have either set up or are in the process of adopting these structures. Commenting on the impact on GCC captives, one of Ensurion’s Executive Directors Mr. Ahmed Alumran stated that “considerable volatility in global financial markets and some of the recent capital and investment losses across the industry are likely to lead towards increasing insurance premiums. We expect demand for Ensurion’s alternative risk transfer/finance solutions, such as captives, to increase dramatically over the next several months as they provide premium stability and better terms for the region’s large insurance buyers.”
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