We provide management services to 10 companies, generating in excess of USD 63 million annual gross premium and with assets exceeding USD 187 million.
Our client list includes companies from Australia, Singapore, Thailand, France and Hong Kong, and captives have been formed in Singapore for over 20 years.
Singapore is the Asia Pacific region's leading captive centre. We have one of the region's best captive specialist teams able to offer both conventional captive management and consulting services including captive feasibility studies, business plans and reinsurance protection. We are actively involved in the utilisation of special purpose vehicles for strategic risk financing purposes, providing the finance director and risk manager with an efficient means to enhance and control risk, and to increase the efficiency with which the risk is financed.
Singapore has a strong record and has demonstrated a commitment to the captive industry. We believe the most important element of the captive management service is the ability to work in partnership to ensure that the benefits of owning an insurance subsidiary are maximised. Our service methodology is that all service providers work together with a common goal of building the captive into a successful, strategic, risk-financing vehicle.
JLT Specialty Pte Ltd is approved by the Monetary Authority of Singapore to act as the captive manager for the respective captives under its care.