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.