- The midshore jurisdiction wins
the Asian Domicile category for the second year running at the Asia
Captive Review Awards 2019, sealing its Asian leadership in the
self-insurance industry.
- Survey by Captive Review, the
industry's leading trade publication showed that 50% of all
captives set up in Asia in 2018 were domiciled in Labuan
IBFC.
Singapore, 15 October 2019 – Labuan
International Business and Financial Centre (Labuan IBFC) was
recognised as the best Asian Domicile for the second year in a row
at the Asia Captive Review Awards recently.
The Awards, held in Singapore on 10 October, recognise and
reward service providers, captive owners and risk management
professionals for their exceptional services and approaches to
captive insurance in the Asia region. The Asian Domicile category
is awarded to the jurisdiction that demonstrates the highest
standards of regulation, accessibility, efficiency and commitment
in promoting the captive insurance business
