Wednesday, July 24, 2024

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Domicile Wars: Third party risk expected to boost Labuan’s captive proposition

Labuan is set to allow certain captives to write third-party risk, in addition to the risks of its owner or members, in the case of association captives, which will likely make the domicile a more attractive proposition for new formations or re-domestications.

Captive interest in Labuan is growing, and Captive Intelligence understands that there are five additional PCCs currently in development, which are expected to be established in the near future.

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