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This panel discussed the fundamentals of forming a captive,
types of captives and protected cell companies structures. The
panel also shared the advantages of a captive as well as the
importance of captive processes and controls.
Panellists:
Ahmed Farouk Datuk Aripen, Director, Acurra PCC Limited
Kiritharan Sandra Kumar, Group Insurance Manager, Global Insurance
Limited
Moderator:
Abdul Halim Jantan, Chief Executive Officer, Sterling Insurance
Brokers
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
On May 2, 2022, a full bench of the Supreme Court of India ("SC") allowed an appeal filed by United India Insurance Co. Ltd. ("UIIC") against the order of the National Consumer Disputes Redressal Commission ("NCDRC")...