Labuan financial business activities
Labuan insurance and captive insurance licence
Labuan FSA licenses insurance and insurance-related business — including captives, reinsurance and insurance broking — under the Labuan Financial Services and Securities Act 2010.
Labuan IBFC is an established centre for captive insurance and reinsurance in Asia, and insurance-related business is one of the largest licensed sectors in the jurisdiction.
Insurance licensing is document-heavy and turns on the quality of the business plan, the actuarial basis and the fitness of the people involved. Our service covers pre-assessment of the business activity, advice on current regulatory and statutory requirements, preparation of the documents, and managing your interaction with Labuan FSA.
What to expect
| Governing law | Labuan Financial Services and Securities Act 2010 |
|---|---|
| Covered activities | Insurance and insurance-related business, including captive insurance, reinsurance, insurance broking and underwriting management |
| Business plan | A comprehensive plan is central to the assessment — including the class of business, risk retention and reinsurance arrangements |
| Capital and solvency | Set by Labuan FSA and dependent on the class of insurance business — confirmed in writing at pre-assessment |
| Physical presence | A Labuan operational office is required |
| Economic substance | Applies, with thresholds set by activity |
How we help
- Pre-assessment of the proposed business activity against Labuan FSA's criteria
- Advice on the latest regulatory and statutory requirements for the licence
- Preparation of the application, business plan and supporting documents
- Managing your interaction with Labuan FSA throughout the assessment
- Incorporating and maintaining the licensed entity itself — registered office, resident secretary, statutory records
- Post-licensing compliance: economic substance, reporting, accounting and audit
Frequently asked questions
What is a captive insurer?
A captive is an insurance company established to insure the risks of its own corporate group rather than the general public. Labuan is a well-established captive domicile in Asia.
Can you advise on which class of licence we need?
Yes — pre-assessment of the intended business activity is the first stage of our service, and for insurance it is the stage that determines capital, solvency and reporting obligations.
Speak to us
We are the licensed trust company, so the advice and the filing come from the same place.
Talk to our KonsultanSources
The primary documents this page relies on, linked to the authority that issued them. If one has moved, tell us and we will correct it.
- Labuan insurance business — Labuan FSA overview of the licensed activity (opens in a new tab)
Labuan FSA · Regulator
Labuan FSA's own description of the insurance and captive framework.
- Guidelines for Labuan insurance and insurance-related business (opens in a new tab)
Labuan FSA · Guideline
The standing guidelines an application is assessed against.
- Acts administered by Labuan FSA — including the Labuan Companies Act 1990, the Labuan Business Activity Tax Act 1990 and the Labuan Financial Services and Securities Act 2010 (opens in a new tab)
Labuan FSA · Legislation
Last reviewed 4 August 2026
Whilst considerable care has been taken to ensure the information contained within this page is accurate and up to date, no warranty is given as to the accuracy or completeness of any information and no liability is accepted for any errors or omissions in such information. The information given in this page is based on our present understanding of the current laws, guidelines and regulations and may therefore be subject to change without notice.
Ready when you are
Talk to the firm that holds the licence.