Ten years after the introduction of Solvency II, Malta’s captive insurance market has evolved into a robust and credible European domicile, blending regulatory rigor with operational agility. Now, the sector is preparing for its next major regulatory evolution, with the Solvency II Review Package and the Insurance Recovery and Resolution Directive (IRRD) set to take full effect in January 2027.
Since the framework was implemented in 2016, Malta has strengthened governance, capital management, and risk oversight, attracting multinational clients seeking pan-European risk solutions to augment their risk management strategies. The result is a solid and stable market growth of over 200% (between (Re)Insurance Undertakings and Cells).
