Non-admitted Insurance is not Permitted in the Maltese Insurance Industry

Date: 2015-09-10

“• The Malta Financial Services Authority is responsible for regulation and supervision of the Maltese insurance industry.

• FDI is permitted up to a limit of 79% in the insurance industry.

• Motor third-party and aviation liability insurance are key classes of compulsory insurance.

• Solvency II is expected to be implemented from January 1, 2016. 

• Non-admitted insurance is not permitted in the Maltese insurance industry.”

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