Malta has been recognised as the best EU domicile for captive insurance in the European & UK Captive Awards 2017.
The awards are organised by the Captive Review. Captive Review and captivereview.com are internationally established publications which focus on insurance, in particular captive insurance management as well as risk management.
In its award statement, Captive Review noted that: “the judges recognised Malta’s commitment to the captive sector and the motivation of its local infrastructure to innovate and provide solutions to Europe’s risk management community. “With Gibraltar set to leave the EU, Malta will be the only jurisdiction offering a cell company solution with the EU, while the judges were also impressed by the regulator’s approach to Solvency II and its willingness to embrace the principle of proportionality for captives,” the jury said.
Article provided by:
Malta Financial Services Authority
Bank Of Valletta