Labuan's captive market shows strong growth

Labuan’s captive market shows strong growth

December 3 2021 by InsuranceAsia News Staff

Labuan saw a 28% increase in captive premiums to US$71 million, according to the Labuan International Business and Financial Centre (Labuan IBFC).

The Malaysian federal territory also granted appro...

Get full access

To view the full article or to get unlimited access to all IAN content and archives of over 5,000+ articles

Take a Free Trial

Already a Subscriber? Please Login

MORE FROM: Captives

Asian captives lack strategic direction for dealing with cyber
- June 2
Brokers and (re)insurers are advocating for a more structured approach to the captive model.
Petronas’ captive rating boosted by favourable COR: AM Best
- May 18
Energas Insurance has has a five-year average combined operating ratio of 66%.
India pressed for pandemic risk pool
- January 13
The regulator has been working on the project with a private and public partnership the most likely outcome.
Parima 2021: Institutional capital an alternative to traditional capacity
- October 28
Aon's new Asia CEO cites ability of pension funds and sovereign wealth funds to provide the market with different options.

Partner Content

Guy Carpenter: 2022 Western North Pacific Basin Tropical Cyclone Predictions

Tropical cyclones have always been a significant peril in Asia and a major focus for risk assessment in the region.
KPMG: Orchestrating personalised experiences helps Asia’s insurers reap rewards

Customers are responding positively to several key initiatives in the region.

Join the mailing list Receive our regular newsletter, a round-up of the latest news and insights direct to your inbox, and designed to help you stay ahead.

Partner Video