Open an Insurance Company in Luxembourg

Luxembourg is a good location to open an insurance company and the attractiveness of this small country resides mainly in its effective regulatory and tax principles. Insurance and reinsurance companies in Luxembourg are most often branches or subsidiaries of large international or European insurance groups.

 

Foreign investors who want to establish an insurance company in Luxembourg benefit from a good economic environment and good international rankings as well as a valuable and qualified workforce. If you are ready to invest in this business field in Luxembourg, our company registration agents in Luxembourg are ready to assist you.

 

 

Luxembourg is well known on the European insurance market as a distributor of insurance products. This small and well-known financial center is the home of a large number of insurance companies. This business sector is very well regulated and any type of company or individual that wishes to perform activities in this sector must obtain approvals to do so. The insurance sector in Luxembourg is regulated by the Commissariat aux Assurances (CAA), a public supervisory body that falls under ministerial authority.

 

The main business activities performed by insurance companies in Luxembourg are those that concern life insurance. Companies offer their clients the possibility to manage their funds and to benefit from financial compensations for accidents or injuries. Life insurance contracts concluded by insurance companies can be linked to special dedicated funds which are becoming more popular in the wealth management sector. Insurance companies in Luxembourg can also offer other services like property and casualty insurance (non-life services).

 

 

 

 

Life insurance companies in Luxembourg are offering numerous services to their clients and even engage in market niches. Pension funds in Luxembourg are another option offered by companies that activate in the insurance and reinsurance sector. There are three main types of pension funds that exist in the country and they benefit from an advantageous tax treatment.

 

Insurance and reinsurance companies in Luxembourg are fully taxable under the taxation laws applicable in the country. If you would like to know more about this aspect or have further questions, please contact our company formation agents in Luxembourg.