MAA INTERNATIONAL ASSURANCE LTD (MAA International), the offshore insurance arm of MAA Holdings Berhad (MAA Holdings) is an offshore composite insurance company licensed under the Offshore Insurance Act 1990 in the Labuan International Offshore Financial Centre (IOFC) to underwrite life and general insurance and reinsurance business.

Incorporated in 1998, MAA International is one of the largest and fastest growing insurance companies in the Labuan IOFC. With a paid up capital of US$10 million, it is one of the largest capitalised insurance companies in the Labuan IOFC.

MAA International is well prepared for the new global order of inevitable market liberalisation and the opportunities that come with it. The company is committed to build a substantial business base and is focused on diversifying its sources of business income.

MAA International has successfully built a profitable book of reinsurance business from both Malaysian and overseas insurance companies and the reinsurance business is expected to expand further.

To further diversify its business source and reach out to customers in the regional markets, MAA International recently launched the Maaster International Investment linked insurance products. This is an US$ investment cum insurance policy that provides investors with life insurance coverage and a gateway to the world of international investment. Due to lack of familiarity and limited access to the international markets, an average investor is unenviably caught in the vulnerable position of being unable to truly diversify and hence confined investment of hard-earned savings to only the home country, local equity market and in the local currency. Maaster International Investment linked insurance provides the conduit for such investors to access international investment and hence the opportunity to diversify their investment portfolio instead of being restricted to "one country-currency-stock market".

With strong backing from its ultimate parent company, MAA Holdings, the leading insurance and financial services group in Malaysia, MAA International is poised for very exciting growth and further regional expansion in the near future to realise its vision of being a leading regional insurance company in South Asia.

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