The pandemic is making a resurgence in Asia and I sincerely hope you and your loved ones stay safe. Having entered the second half of the year, any preconceived notion that COVID-19 would be a "bump" on the 2020 road, has now morphed into a seemingly permanent change in how we live and relate to each other. Admittedly, some aspects of this change is better and others, less so.
Our article this month is a clear example. Travel will no longer be the same and this has completely turned the aviation sector on its head. However, even during these trying times, there are still opportunities to benefit from the structures and solutions offered by Labuan IBFC, as detailed in this article by Datin Shelina of Abdullah Chan.
Please also do watch the interview with the Chairman of the Labuan International Insurance Association, Roy Sharma who shares his thoughts and aspirations for the ever-growing reinsurance and risk management industry in Labuan IBFC.
Additionally, since the launch our Market Report 2019, we've received numerous requests for a succinct snapshot of the year's performance and towards that the team has put together a short presentation deck highlighting the performance areas which is available here.
We sincerely hope you enjoy this issue and should you have any queries, please do not hesitate to get in touch. Stay safe and keep optimistic!
Chief Executive Officer, Labuan IBFC Inc
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