Alex Lam gets CAREful

The veteran of Asia''s structured finance industry goes it alone.

Alex Lam, who used to run Centre Solutions in Asia, has established a new firm called Capital Access Risk Engineering CARE. The new company will be involved in the arranging and structuring of solutions for clients in the global insurance and capital markets who wish to transfer risks and raise capital. The firm will also offer advisory services to the same ends.

The move comes after Centre Solutions closed its Asian office in early December as its parent, Zurich Financial Services, decided to stop Centre writing credit enhancement policies.

At the new company, Lam will continue where Centre left off. CARE aims to offer credit enhancement and risk transfers for...

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