Labuan Reinsurance Business
Labuan reinsurance business means a business whereby the reinsurer assumes a part of the liability under an original contract of insurance of another insurer or reinsurer. A Labuan reinsurer may either be conducting general or life reinsurance business.
Licensing and Operational Requirements
All licensees are required to pay to Labuan FSA annual licence fees on or before 15 January of each year.
The Labuan reinsurance 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 Reinsurers
Guidelines on Market Conduct for Labuan Insurance and Insurance Related Companies
For a complete list of the related guidelines and circulars for Labuan life insurers, please click here.