Insurance & Pensions

Luxembourg is widely recognised as a centre for the distribution of insurance products under EU rules on the freedom to provide services. The financial centre currently hosts around one hundred insurance companies, mainly the subsidiaries of large international groups.

The insurance profession in Luxembourg is strictly regulated. All legal entities or natural persons wishing to operate in this sector must be approved by the competent minister. The conditions for this approval are designed to ensure the financial solidity of insurance companies.

All participants in and activities of the insurance sector are regulated by the insurance industry supervisory authority, the Commissariat aux Assurances (CAA), a public body under ministerial authority.