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ARTICLE · 27 NOVEMBER 2020

Malta Domicile Profile – Captive Insurance Times

Malta is a small island nation located in the Mediterranean Sea just south of Italy with a population of about 450,000.

MaltaInsurance

Malta is a small island nation located in the Mediterranean Sea just south of Italy with a population of about 450,000. For a small country, Malta has a lot to offer, and not just for the millions of tourists that visit each year. The country also boasts a well-established insurance sector operating for both domestic and international clients.

Malta established its captive insurance market in 2003 and as of 2019, it was home to 62 captives.

Being a member of the EU, Malta is entitled to EU single passport right, which means any captives that are based in Malta, can provide insurance in the other EU/EEA member states using their Maltese license without having to apply for a separate license in each of their chosen countries.

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