Key Opportunities - Insurance and Reinsurance

Malta continues to be an attractive domicile for investors and financial entities seeking a dynamic European base that is professional, practical, safe and cost effective.

Captives

Although already an established international centre for captives, Maltese industry players see significant growth potential in the captive market and expect increasing numbers of companies to join the ranks of the many multinationals using Malta today.

The PCC regime

As one of the key selling points of the domicile, the Maltese Protected Cell Company continues to be popular, providing benefits on all Solvency II pillars allowing substantial cost burden sharing and reducing own funds requirements.

RSPVs and CAT bonds

The RSPV legislation will support the trend of Malta positioning itself as a key onshore domicile for insurance-linked securities and catastrophe bonds. This area is still relatively undiscovered in Malta and could provide substantial opportunities for pioneers and innovators.

Untapped Niche Markets

Malta’s economy is performing stronger than many of its EU counterparts, providing opportunities for insurers to grow their businesses by tapping into relatively unexploited sectors such as oil and gas, aviation and life sciences.

Innovative Policies

With Malta continuing to attract high-net-worth individuals and the wealth of the local population growing, there is scope for more innovative and creative policies to protect lifestyle and assets as well as other niche-market demands.

Cost-Effective Outsourcing Hub

Foreign insurance companies, managers, brokers and other intermediaries are increasingly seeing Malta as an attractive and cost-effective outsourcing destination to locate functions such as claims administration, analytics, customer care, policy administration or sales and distribution. This trend has been boosted by Malta’s attractive regulatory framework, sophisticated telecoms and skilled workforce.