Magazine date:
Jul 2011 According to the financial authorities, the local captive insurance market is bound to significant growth driven by infrastructure spending. The latter is estimated at a total of 140 billion USD by 2015.
The other factors driving this market pertain to the improved corporate risk management and the pressure from financial markets to improve capital management.
Among the companies licensed in 2010, Kane LLC was the first one authorized to provide captive management services.