Insurance in Malta is regulated by the Insurance Business Act of 1998 and the Insurance Intermediaries Act of 2006. The sector is regulated by Malta’s single Financial services regulator – the Malta Financial Services Authority (MFSA). The MFSA is also empowered to issue Insurance Directives, rules and regulations to regulate Insurance Companies and Insurance Intermediaries.
We can help any entity who is seeking to set up an insurance company in Malta. We also give support to brokers, agents, sub-agents and managers.
We also assist clients with establishing a Captive in Malta. Malta has a very favourable regime for what are called, under our law, “Affiliated Insurance Companies” (AIC). These insurance SPVs undertake “the business of an insurance company which is registered in Malta and whose business of insurance is restricted to risks originating with shareholders or connected undertakings or entities.”
Kindly Contact Us now for further information and advice.