Category: News

Hundreds of Asia’s leading insurance executives and upcoming talent will converge on Manila on 6-9 May next year for the 29th East Asian Insurance Congress (EAIC). The EAIC Executive Board set the dates at its meeting in the Philippine capital on 14 July. Chairman of the 29th EAIC Organising Committee, Mr Ramon Dimacali, said that…

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Captive expert Malcolm Cutts-Watson has become a member of the international advisory panel for the Labuan International Business and Finance Centre (IBFC), having been invited by the Labuan Financial Services Authority. Cutts-Watson is the founder and managing director of Cutts-Watson Consulting, which provides consulting services to the captive industry. He will start in the role…

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The Labuan International Business and Financial Centre (Labuan IBFC) and Labuan International Insurance Association (LIIA) will host a two-day captive conference in August. The Asian Captive Conference will be held in Kuala Lumpur on 16 and 17 August and will include a presentation from Richard Cutcher, editor of Captive Review, on Attitudes towards Captive Insurance…

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Labuan International Business and Financial Centre (Labuan IBFC) and Labuan International Insurance Association (LIIA) are jointly organising The Asian Captive Conference (ACC 2017) in Sasana Kijang, Kuala Lumpur on 16 and 17 August 2017. Themed ‘De-Risking Asia: The Growing Role of Self-Insurance’, ACC 2017 is aimed at enhancing the awareness of the role of self-insurance,…

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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…

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Summary Labuan IBFC offers prospective captive owners a business friendly regulatory environment with a modern, well-developed and low cost infrastructure that includes access to the latest risk management tools and techniques. These include the possibility of developing tailored long-term, broad risk contracts. Globally, major reinsurers foresee an increased utilisation of these long-term, broad risk contracts,…

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With Asian companies on the verge of embracing the use of captives as a form of risk management and transfer, leading to an explosion in their use, Labuan IBFC is well positioned as the domicile that could benefit most from this, as Danial Mah Abdullah, its chief executive, tells EMEA Captive. In the US, more…

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