Captives and reinsurance help see Labuan GWP hit US$1.6bn

Labuan GWP hits US$1.6bn driven by captives and reinsurance

May 6 2021 by InsuranceAsia News Staff

The total gross written premium (GWP) generated by (re)insurers based in Labuan increased by 6.7% to US$1.6 billion in 2020, according an announcement by the Labuan Financial Services Authority (Labua...

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