Month: May 2018

  • Captive Insurance Market Booming in Labuan

    Kevin Su

    The Labuan International Business and Financial Centre (Labuan IBFC) has earned a great deal of praise in recent years, among them as one of the fastest growing risk management centres in Asia. The ascendency of Labuan IBFC is further illustrated by the launch of the Labuan Development Blueprint 2030 predicted to be a gamechanger for…

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  • Captives In Labuan: Top 10 Facts To Know

    Kevin Su

    Over the past two portions of this editorial line up, we focused very much on introducing the captive market, establishing a captive insurance, reinsurance, takaful and retakaful company and how Labuan is among the best positioned off-shore location for a captive to be set up within the Asia-Pacific region. […]

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  • Asia ripe for self-insurance sector growth

    Kevin Su

    The use of self-insurance techniques through captives and protected cell companies is expected to expand in Asia, but education for potential corporate risk transfer sponsors needs to increase, according to the Labuan International Business and Financial Centre (Labuan IBFC). Farah Jaafar-Crossby, CEO of Labuan IBFC Inc., explained, “The self-insurance sector is a niche market and…

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  • Establishing a Captive in Labuan

    Kevin Su

    Equipped with the general understanding of captive, especially on the minimum capital requirement / working fund to establish an entity, it’s now essential that you understand why Labuan is the ideal domicile for a captive set-up. […]

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