Offshore insurance business is defines as insurance business which is not domestic insurance business and is transacted in foreign currency, and it includes offshore captive insurance business. Offshore insurance activities in Labuan is govern by the Offshore Insurance Act 1990 (OIA).

Guidelines
Insurance & Insurance Related Business Guidelines

Captive Insurance Guidelines

Market Conduct for Offshore Insurance & Insurance Related Companies Guidelines

Prudential Framework of Corporate Governance for Offshore Insurance and Insurance-Related Companies

General Insurance Arrangements

Minimum Audit Standards for Internal Auditors of Offshore Insurance and Insurance-Related Companies

Minimum Requirements for Management Office of Offshore Insurance and Insurance-Related Companies

Application Forms
Form IL - Insurance Licence
Form BL - Broker Licence
Form UL - Underwriting Licence
Form ML - Insurance Manager Licence

 

Circular
Sale on Investment-Linked Policies to High Net-worth Malaysian Individuals

 

 

 

For more information on Labuan IBFC Inc., please click here

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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