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Fresh Guidelines for Reinsurance Industry Issued by Labuan FSA
Labuan FSA recently issued an updated guideline on the Reinsurance industry. The Regulator in issuing this Guideline stated that the introduction of this new Guideline will ensure it's regulatory controls are now at par with international best practices. For a copy of the new guidelines, please click the attachments below.

Insurance is one of the fastest growing markets segments in Labuan IBFC with more than 200 licensed entities. In 2011 alone the jurisdiction recorded a staggering 31% growth in gross insurance premiums written.

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