July

July 16, 2018

Labuan IBFC records insurance sector growth in 2017

The Labuan International Business and Financial Centre ( Labuan IBFC) has revealed that it continued to serve the growing regional insurance sector in 2017, with gross […]
July 13, 2018

Labuan Insurance & Reinsurance: Action Plans

Unlike setting up an insurance business in a regular location, Labuan is an entirely different prospect. So, thoroughly understanding the requirements is crucial, particularly to establish an insurance and reinsurance company. In the final part of this series, we will delve a little deeper into the action plans to ensure you have everything in place to successfully begin your operations in the Labuan International and Business Financial Centre (Labuan IBFC). [...]
July 13, 2018

Labuan Insurance & Reinsurance: Currency & Layout Establishment

Armed with some basics on key compliance and legal framework factors to establishing an insurance and reinsurance business in Labuan, it’s important to be remember that Labuan is a well-regulated and cost-efficient jurisdiction to facilitate cross-border transactions. With transactions, and investments, come the currency of choice for operations. [...]
July 13, 2018

Labuan Insurance & Reinsurance: Compliance & Legal Framework

In the first part of the series, we briefly illustrated the growth potential of the insurance and reinsurance business in Labuan and how you can benefit from the special advantages of doing business in the Labuan International Business and Financial Centre (Labuan IBFC). There are, however, several compliance factors and legal provisions that you need to take into account leading up to establishing your insurance and reinsurance company. [...]
July 12, 2018

Establishing A Labuan Insurance & Reinsurance Company

The growth of the Captive Insurance market has often dominated the insurance scene in Labuan and this trend is expected to continue with Labuan IBFC firmly focused on strengthening its presence in Asia’s Captive market. But the ascendency of the insurance and reinsurance business has relatively flown under the radar. [...]
July 12, 2018

Labuan Insurance Broker: A Glance At The Essentials

At this point you have already grasped the basics of what is required to set-up a Labuan Insurance Broker company. You also have a big picture of the benefits of doing business in an island that offers an efficient, strategic and business-friendly environment. [...]
July 12, 2018

Labuan Insurance Broker: What You Need To Know

It has now been established how attractive a proposition Labuan is as a domicile for an insurance and insurance-related business. The midshore financial centre continues its ascendency as one of the fastest growing and most favourable financial risk management centres in Asia. [...]
July 9, 2018

Labuan Insurance Brokers: Business Transactions

With sound governance, a robust operating framework and an optimistic outlook for the economy, it is no wonder that extensive volumes of transaction are expected to be performed by Labuan Insurance Brokers. [...]