Note: Much of the data included here was based on year-end 2018 data. We are in the process of updating it with year-end 2019 data. Going forward we will be verifying all fields either directly with the domicile, or by using credible and confirmed data sources. If you represent a domicile or domicile association and are able to update and complete the data fields, please use this form. All data will be verified by CICA before it is published and will include the date and source of the update.

Number of active captives (pure)
Number of active captives (group/association)
Number of active captives (RRG)
Number of active captives (sponsored/cell captives)
Number of individual cells/cell participants
Total number of active captives, as of 12/31/2018
Types of captives allowed
  • Single parent captives
  • Association captives
  • Group captives
  • Protected cell/segregated portfolio companies
Number of full-time employees in captive regulatory department
Premiums to surplus
A Labuan captive insurer is required to maintain at all times a surplus of assets over liabilities, which is equivalent to, or more than the amount of its working funds; 0r 20% of the net premium income for the preceding year in respect of the general insurance business; or 3% of the actuarial valuation of the liabilities for life insurance business as at the last valuation date in respect of the life insurance business, whichever is greater.
Minimum capital (broken out by type of captive)

A paid-up capital of a Labuan company unimpaired by losses of single/group/association/multiple captive, 300,000 Malaysian ringgit; rent-a-captive/cell captive, 500,000 Malaysian ringgit.

Applicable Acts/Enabling Legislation
Labuan Financial Services and Securities Act 2010; Labuan Islamic Financial Services and Securities Act 2010; Labuan Companies Act 1990; Labuan Business Activity Tax Act 1990.
Contact information for captive Administrator
Time given for application process
30 days
Time given for operational plan changes
Website Address
Are Exams done by own employees or by contract?
What is the examination cycle by type of captive?
Cost of exam range by pure? Average price?
Cost of exam range by RRG? Average price?
State domicile association name and website

Make CICA part of your captive insurance strategy