Labuan insurance and takaful licences, filed under our own licence.

Eight categories across insurance, reinsurance, takaful and insurance-related services. Coordinated by a Labuan FSA licensed trust company.

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Insurance and takaful licences, across eight Labuan categories.

As applicants enter Labuan FSA insurance licensing, the regulator reviews capital adequacy, fit-and-proper director vetting, operational management capability and underwriting expertise. Each test compounds when files pass through unlicensed intermediaries.

QX Trust files insurance, reinsurance, takaful and insurance-related applications under our own Labuan FSA licence as the recognised party, mapping the category to your risk profile and aligning capital, governance and Shariah requirements before submission.

Your insurance file, filed directly by the licensed firm.

QX Trust Co. Ltd is a Labuan Managed Trust Company headquartered in Labuan IBFC. We file applications as the recognised party, not through an intermediary. We serve you in English, Chinese and Malay.

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2019

Labuan FSA licensed

LMT0081

Our Labuan licence

EN + ZH + MS

Language desks

Labuan IBFC

Headquartered

Eight licence categories. One filing channel.

Pick the category closest to your business model. All eight run through a Labuan FSA licensed trust company.

Capital, governance, Shariah and management, all aligned.

Insurance licences carry parallel review streams. Conventional licences require capital adequacy and management expertise. Takaful licences add Shariah governance to the mix. We coordinate all streams under one channel.

  • Capital benchmarked against published Labuan FSA floors per category.
  • Director, principal officer and underwriter vetting prepared for prior approval.
  • Shariah governance framework prepared for takaful and retakaful applicants.
  • Operational management plan sized to risk profile, not template.

Frequently asked.

Direct answers on categories, capital, takaful and captive structure.

What insurance licence categories does Labuan offer?

Labuan offers eight categories: insurer (general and life), reinsurer, takaful operator (general and family), retakaful operator, captive insurer, insurance broker, insurance manager and underwriting manager. Insurance business is transacted in foreign currency.

What is the minimum capital for a Labuan insurer?

Capital floors depend on the category. A Labuan general or life insurer requires RM7.5 million in paid-up capital, and a composite insurer or reinsurer RM10 million. A takaful operator requires RM7.5 million and a retakaful operator RM10 million. Insurance-related licences such as broker, manager and underwriting manager require RM300,000.

What is the difference between takaful and conventional insurance?

Takaful operates on Shariah principles of mutual financial aid and risk sharing. Participants contribute to a pool from which losses are paid. Conventional insurance is a contract of indemnity. Labuan licenses both regimes separately, though existing insurers may operate takaful windows.

Can a Labuan insurer operate a takaful window?

Yes. Existing Labuan insurers and reinsurers may operate takaful or retakaful windows without a separate licence or additional licence fee. The window must comply with Shariah governance and segregation of takaful funds.

What is a captive insurer in Labuan?

A Labuan captive insurer is an insurance entity established to insure or reinsure the risks of its parent group or affiliated entities. Captives suit groups with predictable risk profiles seeking to retain underwriting profit and reduce dependence on commercial insurance markets.

Scoping a Labuan insurance or takaful licence?

Tell us about your risk profile. We map the category, align the governance, and route the file under our Labuan FSA licence.

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