Labuan General Insurance Business
Labuan general insurance business means insurance business which is not life insurance but includes accident, medical, surgical and hospital expenses insurances.
Licensing and Operational Requirements
All licensees are required to pay to Labuan FSA annual licence fees on or before 15 January of each year:
If any of the above insurance licensees uses a Protected Cell Company (PCC) structure, the annual fee would be as follows irrespective of type of licenses:
The Labuan general insurance activities are governed by the following Labuan laws:-
For a complete list of all Labuan laws, please click here.
Related Guidelines and Circulars for Labuan General Insurers
Guidelines on Market Conduct for Labuan Insurance and Insurance Related Companies
For a complete list of the related guidelines and circulars for Labuan general insurers, please click here.