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Captive Review: Malta Focus Insurance & Reinsurance

Captive Review: Malta Focus

The captive continues to be considered as an important alternative risk transfer tool for an increasing number of companies including SMEs. Despite the fact that the captive insurance market continues to attract more interest, it requires to adapt itself to the new challenges of the 21st century. Increased compliance costs and higher capital requirements seem to be shifting the interest of captive owners from stand-alone captive to cell captives forming part of a Protected Cell Company structure. Malta provides the right regulatory environment and a diverse selection of corporate structures which have propelled this EU member state to become a…
Edmond Zammit Laferla
3rd March 2017
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Brexit and the Insurance Market – Destination Malta? Insurance & Reinsurance

Brexit and the Insurance Market – Destination Malta?

following the June 2016 decision of the UK voters to exit from the European Union, a number of players in the London insurance market started querying the possible long-term effects of Brexit. The main concern that is being flagged refers to the access to the EU single market. Undoubtedly, the single passport regime proved to be a successful story for the EU, which underpinned the continued growth and solidity of the EU's financial services industry. But, what if Brexit actually happens, the UK has to forfeit its right to access the EU single market and its firms will no longer be…
Edmond Zammit Laferla
12th January 2017