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Labuan Insurance Business Labuan insurance business means insurance business that is transacted in foreign currency and includes life, general, reinsurance and captive insurance but does not include domestic insurance business. Labuan insurance business may carry on reinsurance of domestic insurance business, in Malaysian currency and such other business as specified by Labuan FSA. The activities of the Labuan insurance business is governed by the Labuan Financial Services and Securities Act 2010. |
