In the recent years, Luxembourg insurance market has welcomed several new entrants, and, notably, has been selected in 2017 as the preferred relocation place by several major multinational insurance providers wishing to keep the benefit of the EU passporting regime.
This confirms not only the attractiveness of Luxembourg as a prime location for doing business, but also of its sound and strictly regulated (re)insurance market.
All actors involved in (re)insurance activity (insurance and reinsurance undertakings, corporate or natural persons intermediaries, "professionnels du Secteur de l'assurance", certain pensions funds) must be approved by the Commissariat aux Assurances ("CAA"), sole regulator in charge of supervising the insurance and reinsurance sector.
We can provide assistance at every step of your licensing application to ensure a quick, efficient and cost-controlled project, delivered according to your constraints and timeline.
Gathering the right multi-disciplinary experts, PwC can help you beyond the mere licencing approval, by providing support in defining, structuring and implementing the key aspects of your future operations.
Licensing process overview
Licensing process assistance
Depending on the type of activity and regulatory requirements applied for, PwC can provide the following assistance. Our approach is fully flexible and will factor in the resources allocated to the project within your organisation (e.g. internal dedicated project management team…)
Prior, during or subsequent to the application authorisation process, at each step of your setup or relocation project, PwC can advise and assist you on all relevant aspects at each step of your setup or relocation project. This shall notably encompass:
Insurance Leader, PwC Luxembourg
Tel: +352 49 48 48 2071
Partner, Insurance, assurance and regulatory services, PwC Luxembourg
Tel: +352 49 48 48 2114
Luxembourg Digital Leader, PwC Luxembourg
Tel: +352 49 48 48 3533
Partner, PwC Luxembourg
Tel: +352 49 48 48 2461
Insurance Partner, PwC Luxembourg
Tel: +352 49 48 48 2380