Month: August 2017

As of the second quarter of this year, there were 43 captives established in Labuan International Business and Financial Centre (Labuan IBFC), compared to 39 at the end of last year, according to official data from Labuan IBFC. Labuan IBFC Chairman Mohammed Azlan Hashim said: “We envisage this positive trend to continue as Labuan IBFC…

See More

The overlapping markets of the mutual, captive and takaful industries are likely to provide an important impetus for the wider use of group captives among small and medium-sized enterprises (SMEs), Bank Negara Malaysia governor Mr Muhammad Ibrahim has said. Speaking at the inaugural Asian Captive Conference 2017 hosted by Labuan International Business and Financial Centre…

See More

A recent survey commissioned by the Labuan International Business and Financial Centre (Labuan IBFC) showed that the risk management and insurance community are confident that the midshore centre has the right ingredients for businesses to establish their captive insurance companies. Entitled ‘Attitudes towards Captive Insurance in Asia’, and conducted by the world’s leading captive trade…

See More

Captive Review has published the white paper, Attitudes Towards Captive Insurance in Asia, in collaboration with the Labuan International Business and Financial Centre (IBFC). The bespoke report was brought together by Richard Cutcher, editor of Captive Review, in response to a survey of the risk and insurance management community in Asia Pacific. It reveals some…

See More

In the last two decades, Labuan International Business and Financial Centre (IBFC) has evolved from an offshore to a midshore financial centre with a unique proposition. Labuan IBFC Inc CEO Danial Mah Abdullah talks about how it has remained relevant to the needs of individuals and companies beyond wealth management. Personal Wealth: Could you tell…

See More