Labuan IBFC insurance sector records 43% profit growth during 'resilient' year

clock • 4 min read

Labuan International Business and Financial Centre (LIBFC) has said it remained 'resilient' in the face of challenges in the global market through the course of 2019, as the Centre published its Market Report for the year. Labuan IBFC reported its growth in key business sectors was "maintained" and witnessed a surge in innovative business ventures - in tandem with Labuan IBFC's shift towards more digital-based financial business. As the Centre unveiled its Market Report 2019, it also marks the Labuan IBFC entering its third decade of operation since 1990.  New company incorporations c...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?


Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.