The Maltese financial services jurisdiction, particularly the
insurance sector, was extensively reviewed in the first of a new
series of domicile reports published by Commercial Risk Europe. The
point of these reports is to provide readers with the latest news,
views and analysis in the world of captives, alternative risk
transfer and finance and the rise of the insurance and reinsurance
securitisation market.
The start-point of this publication on Malta was the Malta
International Risk Congress (MIRC) that was hosted in partnership
with the Malta Financial Services in Malta earlier this year.
In an extensive report, Malta is described as having followed a
consistent and successful growth path in financial services for the
last 20 years, not least in insurance. This has been based on a
combination of high quality but open door regulation, membership of
the European Union and a willingness by the regulator to innovate
with the introduction of vehicles such as PCCs,