LABUAN CAPTIVE INSURANCE:
SELF-INSURANCE - A GROWING ALTERNATIVE RISK MANAGEMENT VEHICLE
- A captive is an insurance entity that insures its owner’s or related parties’ risks
- It may be owned, either directly or indirectly, by one or multiple entities
- A captive is usually established as a long-term risk management entity
- Captives are suitable to a wide range of industries
- Pure/Single Captives
- Multi Owner Captives
- Intermediary Owned Captives
- Group/Association Captives
- Master Rent-a-Captives (MRAC)
- Protected Cell Captives (PCC)
*For further information on the formation process, please liaise with the licensed Labuan Trust Companies and Captive/Underwriting Manager of choice as the application process will involve both parties
