RAM Ratings and Labuan IBFC Collaborate on Captive Insurance Event

RAM Ratings and Labuan IBFC Inc. recently joined forces to host an event in Kuala Lumpur, Malaysia, shedding light on self-insurance structures and solutions within Labuan IBFC, a prominent international financial hub in Asia.

The event, titled 'Setting Up a Labuan Captive for Self-Insurance,' brought together corporate delegates from Malaysia and representatives from Labuan IBFC to delve into the advantages of incorporating captives in this thriving financial center.

This collaboration was spurred by RAM's LECA® rating service, which assesses the creditworthiness and performance of Labuan IBFC licensees. The primary goal of the event was to showcase the benefits of leveraging captive insurance structures within Labuan IBFC for interested parties.

The event organized by RAM Ratings and Labuan IBFC Inc. provided valuable insights into the world of self-insurance and captive incorporation within Labuan IBFC. By highlighting the advantages of these structures, the event aimed to equip attendees with the knowledge needed to make informed decisions regarding their insurance needs.