HOW WE CAN HELP?
LIMSL provides a comprehensive range of services, customized and tailored to clients’ specific needs:-
Provide assistance in licence application for the different classes of insurance licences in Labuan such as insurers, reinsurers, takaful, captives insurance and brokers including licence application for Protected Cell Company structures – from the drawing board, design of the business plan, perform actuarial feasibility studies and cash flow projections up to the stage of obtaining the insurance licence
Liaising with the various professional service providers such as trust companies, auditors, bankers, legal advisors, tax agents, actuaries, and risk managers.
Management of Labuan insurance and insurance-related licensees including the provision of accounting services, administrative services, statutory compliances of Labuan licensed insurance entities including appointed actuary services, ancillary services e.g. work permit applications for Labuan licensed insurance entities, Labuan captives, human resources.
Consultancy services on insurance and reinsurance programs, underwriting programs for captives insurance, the arrangement of fronting companies, Shariah advisory, reinsurance protection, reinsurance optimisation, actuarial assessments, enterprise risk management, review and implementation, merger and acquisitions and etc.