Labuan insurer licence, filed under our own licence.
General and life insurer licences under Labuan FSA. Capital, governance and operational management designed before submission.
Make an enquiryLabuan insurer licence, capital and management combined.
As applicants enter Labuan FSA insurer licensing, the RM7.5 million capital floor sits alongside parallel reviews of board competency, operational management capability, parent-company guarantees, and Labuan International Insurance Association membership.
QX Trust files insurer applications under our own Labuan FSA licence as the recognised party, drafting the business plan, sourcing director vetting and arranging parent-company guarantees before the file is opened with the regulator.
Your insurer 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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Labuan FSA licensed
LMT0081
Our Labuan licence
EN + ZH + MS
Language desks
Labuan IBFC
Headquartered
What sits in the Labuan insurer file.
Six deliverables prepared and assembled under one channel before submission to Labuan FSA.
Business plan and projections
A business plan covering underwriting strategy, reinsurance arrangements, target markets and financial projections aligned to the capital floor.
Capital and parent guarantee
RM7.5 million paid-up capital evidenced through a Labuan-bank account. Parent-company letter of guarantee or undertaking drafted and notarised.
Fit-and-proper vetting
Director, principal officer and shareholder vetting prepared for Labuan FSA prior-approval. Adverse-source declarations and reference checks documented.
Operational management plan
Labuan-based operational management office plan, staffing arrangements, technology infrastructure, and outsourcing schedule where applicable.
LIIA membership pathway
Labuan International Insurance Association application prepared in parallel with the FSA file, so membership lands in step with licence grant.
AML, risk and governance policies
An anti-money-laundering manual, risk register, conduct policies and corporate-governance framework calibrated to Labuan insurance practice.
Four steps from scope to grant.
One channel, one owner, one timeline across the four phases of a Labuan insurer licence application.
Pre-licensing audit
Business model, capital plan, substance footprint and governance framework benchmarked against Labuan FSA insurer criteria. Gaps closed before drafting begins.
File scope and drafting
Business plan, constitutional documents, fit-and-proper questionnaires, parent-guarantee letter and operational management plan drafted and assembled.
Submission and dialogue
File submitted under our Labuan FSA licence. We absorb regulator queries, coordinate director-approval steps and manage LIIA membership in parallel.
Licence grant and handover
Approval issued by Labuan FSA. We hand over operating documentation, the annual reporting calendar and a substance-compliance schedule.
Capital, governance and operational management, one file.
Labuan insurer licences pass or fail on three parallel tests. We coordinate all three under a single Labuan-FSA licensed channel, before the file enters review.
- RM7.5 million capital floor benchmarked, plus the margin-of-solvency requirement that applies to general insurers.
- Operational management plan with Labuan-based team, office and supervisory framework.
- LIIA membership and parent-company guarantee arranged before submission.
- Director and principal officer prior-approval steps prepared for Labuan FSA.
Frequently asked.
Direct answers on capital, foreign applicants, LIIA, timelines and composite operations.
What is the minimum capital for a Labuan general insurer?
A minimum paid-up capital or working funds of RM7.5 million, maintained with a bank in Labuan. This applies to a general or life insurer; a composite insurer writing both general and life business must hold RM10 million. General insurance must additionally meet a margin-of-solvency requirement set by Labuan FSA, based on net premium income.
Can a foreign insurer apply for a Labuan licence?
Yes. Foreign insurance groups may apply directly as a branch or through a Labuan-incorporated subsidiary. Branches carry lighter director-approval steps, but the parent guarantee and LIIA membership remain required regardless of structure.
What is LIIA membership and why is it required?
The Labuan International Insurance Association. All licensed Labuan insurers must hold LIIA membership. The association coordinates industry guidelines, represents members with Labuan FSA, and provides the framework for ongoing compliance and reporting.
How long does the Labuan insurer licence application take?
Timelines vary with the completeness of the file and the regulator's review schedule. In our experience, bottlenecks usually arise from director-approval delays, incomplete operational management plans, or missing parent guarantees. We sequence the file to minimise these query routes.
What is the annual licence fee for a Labuan general insurer?
An annual licence fee set by Labuan FSA, payable on or before 15 January each year. The fee is payable on licence grant and renewed annually. Late payment triggers compliance escalation under Labuan FSA supervisory framework.
Can a Labuan general insurer also write life business?
General and life business require separate licence applications under Labuan FSA. A composite operation is structured as two regulated entities or a single entity with segregated business books. We map the structure during the pre-licensing audit.
Scoping a Labuan insurer licence?
Tell us about your underwriting plan. We benchmark the capital, design the management plan, and route the file under our Labuan FSA licence.
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