Finance Malta, the public-private partnership promoting Malta’s financial services sector, is to join the exhibitors at the European Captive Forum in Luxembourg in mid-November. The unique two-day captive insurance event is organised by the captive owners group ECIROA in conjunction with Captive Review magazine.

Finance Malta is encouraging local operators to join its stand.

In keeping with its role to promote Malta’s international financial centre, the Malta booth will target ECIROA’s specialist audience of captive owner-members providing premium networking opportunities with more than 700 delegates including captive owners, re-insurers, captive managers, brokers, regulators and consultants.

Visitors to Finance Malta’s stand will hear about business opportunities in Malta, the country’s legal and regulatory framework, and the successful development of its financial services industry based on communications, good governance and an efficient fiscal environment.

Total premiums written by Malta-based insurance companies passed the €1 billion mark in 2009, growing 22 per cent in 2010 alone.

Around 75 per cent of business relates to risks or commitments based outside Malta, mainly written on an EU cross-border basis.