News & Events

November 14, 2018

MGAs in Asia – What and How Does It Work?

In insurance, a managing general agent (MGA) is not a new concept, but it is relatively uncommon in Asia outside the developed markets of Hong Kong […]
October 22, 2018

Oh Chong Peng is new Labuan FSA chairman

KUALA LUMPUR (Oct 22): The Labuan Financial Services Authority (Labuan FSA) has announced the appointment of Datuk Oh Chong Peng as its chairman. His tenure, which […]
September 26, 2018

Self-Insurance for Unique Risks

All businesses have risks – but not all risks can be prepared for. In May 2017, a massive cyberattack known as WannaCry infected over 200,000 computers […]
September 20, 2018

Tax Transparency and Self-Insurance: The Only Constant is Change

The Organisation for Economic Co-operation and Development (OECD) released the first Base Erosion and Profit Shifting (BEPS) discussion draft on the transfer pricing aspects of financial […]
September 13, 2018

Choosing A Domicile: Key Considerations

All the best business ideas and models could prove to be futile without the right location. Be it logistics, infrastructure, target market or governance, making the […]
September 12, 2018

Challenges of Self-Insurance: Digital Disruption & Transparency

The digital disruption wave is sweeping across all industries in ways previously never imagined. With relentless rise of new technologies such as artificial intelligence, machine learning […]
September 12, 2018

The Growth of Self-Insurance in Asia

The captive insurance industry in Asia is experiencing encouraging growth and it’s expected to continue its upward trajectory in years to come. This recent surge in […]
August 2, 2018

Labuan IBFC aims to maintain positive trend in captive insurance

KUALA LUMPUR: The Labuan International Business and Financial Centre (Labuan IBFC) hopes to sustain the positive trend in take-up of captive insurance in the midshore centre […]
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 […]
June 14, 2018

Cyber Risk and Self-Insurance

Technology can be a double-edged sword. It makes processes faster and easier whilst at the same time, exposes companies to new risks, especially as more and more companies interlink their processes with the Internet of Things to improve operational efficiency and effectiveness. However, more often than not, with the implementation of such technologies, organisations are in turn exposed to other types of vulnerabilities. [...]