Malaysia News » Labuan News Malaysia » Labuan: Malaysia’s Labuan Joins the List of Would-Be Global Offshore Insurance Powers
In the flux of a rapidly changing global market in risk mitigation, the concept of the offshore insurance center is evolving as fast as any. The pioneering work of Bermuda in this genre over the past ...
News Malaysia » Labuan: Malaysia’s AirAsia Cleared to Launch Captive Insurer in Labuan
Malaysia's low-cost airline, AirAsia Corporate Services Ltd., has been cleared to set up a Labuan captive insurance business with approval from the Labuan Financial Services Authority, the regulator ...
News Malaysia » Labuan: Labuan IBFC Rises To 55th In Global Financial Centres Index
He said Labuan IBFC improved its standing in the Global Financial Centres Index (GFCI 39), advancing to 55th place from 60th previously, underscoring its growing role in the country’s financial ...
News Malaysia » Labuan: Labuan FSA unveils five-year plan to strengthen Islamic finance and digital economy from 2027
The Labuan Financial Services Authority (Labuan FSA) is set to launch a new five-year blueprint by the end of this year or early next year, with a ...
News Malaysia » Labuan: Fitch affirms Malaysia's Labuan Reinsurance at 'A-'; withdraws rating
Nov 21 (Reuters) - (The following statement was released by the rating agency) Fitch Ratings has affirmed Malaysia-based Labuan Reinsurance (L) Ltd's (Labuan Re) Insurer Financial Strength (IFS) ...
News Malaysia » Labuan: MobilityOne slides after clarifying that Labuan bank approval is conditional
Mobilityone Limited (AIM:MBO) shares fell 16.4% to 11.5p on Thursday morning after it clarified that conditions for its planned Islamic digital bank in Malaysia remain unmet. The group said recent ...
News Malaysia » Labuan: Fitch afrms Malaysia's Labuan Reinsurance at 'A-'
June 22 - Fitch Ratings has affirmed Malaysia-based Labuan Reinsurance (L) Ltd's (Labuan Re) Insurer Financial Strength (IFS) Rating at 'A-' with Negative Outlook. The rating reflects Labuan Re's ...
News Malaysia » Labuan: Insurtech PolicyStreet Secures Approval from Malaysia’s Labuan Financial Services Authority to Commence Takaful, Retakaful Operations
PolicyStreet, a regional insurtech company, secured approval from the Labuan Financial Services Authority (LFSA) to commence its Takaful and Retakaful operations. This accreditation positions ...
News Malaysia » Labuan: Fasset wins Malaysia license for stablecoin-powered ‘Islamic digital bank’
Fasset received Labuan FSA approval to offer Shariah-compliant banking services powered by stablecoins, targeting Asia and Africa’s underserved markets. Fasset received a provisional license from ...
News Malaysia » Labuan: Malaysia’s Zhibao Labuan Reinsurance Credit Ratings Affirmed Good - AM Best
KUALA LUMPUR, Nov 7 (Bernama) -- AM Best has assigned a financial strength rating of B+ (Good) and a long-term issuer credit rating of “bbb-” (Good) to Malaysia’s Zhibao Labuan Reinsurance Company ...
News Malaysia » Labuan: The Hot Tax Haven
As Western authorities close in on the Cayman Islands and Switzerland, overlooked offshore havens are taking up the slack. Labuan, Malaysia? Not a good time to be a big-name tax haven. the U.S.