Opulence launches captive cell
Opulence has announced the launch of the Opulence Captive Insurance Cell, which is endorsed by the Labuan Financial Services Authority (LFSA) and will operate under Goldman Insurance. The company says the endorsement is a reflection of “the highest level” of regulatory confidence, allowing for a foundation of “long-term commitment to integrity and stability”. Institutional support is provided by NTG Holdings, with further backing from China Re, in conjunction with a regulated trust structure from Northern Trust Global Asset Service. Opulence says this combination of support will position itself “as a leader in the evolving landscape of insurance and wealth protection”.