Insurance was never the most glamorous of financial sectors.
In fact, it is broadly seen as an industry quietly ticking away in
the background, a necessity, but hardly an exciting topic of
conversation, says Matthew Bianchi
"However, Malta's captive insurance market over the
past two decades has been anything but dull."
As the partner leading the insurance pillar within the Malta
Financial Services Advisory Council strategy, Dr Bianchi has
enjoyed a panoramic view of this transformation.
"The growth of this market happened because at one
specific point in time, everything was in Malta's
favour," he says. "It was as though the stars
aligned for this sector."
Today, Malta's insurance industry reflects a mature,
forward-looking market grounded in robust regulation while offering
a competitive edge in innovation and operating costs. The sector
will soon be strengthened further with the introduction of pension
reform, which will, for the first time, bring
