Captive insurance to be a primary focus in Labuan IBFC's 5-year strategic roadmap

KUALA LUMPUR, Malaysia, Dec. 3, 2021 /PRNewswire/ -- Labuan International Business and Financial Centre (Labuan IBFC) continues to expand with increasing demand for its varying captive structures from across the globe, charting a 28% increase in its premiums for captive business and 18 new captives approved as at the third quarter of 2021.