Month: April 2017

  • Captive business in Labuan on the rise

    Labuan’s total earned premium for captive insurance business increased by 18.8 percent to $252 million in 2016, despite an overall decrease in total gross premium. The Labuan Financial Services Authority (LFSA) Annual Report suggested that the increase in total earned premium for captive business was due to higher retention for all sectors, while the 6.9…

    See More