Investment in Luxembourg
Luxembourg, an international finance hub
Luxembourg is an internationally recognised financial centre situated in the heart of Europe and home to 8 major European institutions since 1952. This is a country that has been rated as economically, socially and politically stable by the Fitch Ratings agency which has awarded it an AAA score.
It has a well-developed insurance sector which operates under the strict control of the Commissariat aux Assurances (CAA) insurance monitoring body.
Luxembourg, financial stability and extensive underlying assets
Luxembourg, financial stability and extensive underlying assets
Luxembourg life insurance stands out for the extensive coverage that it proposes to policy-holders, guaranteeing peace of mind and solid financial assurances.
The Luxembourg security triangle
The Luxembourg security triangle
Luxembourg has the most reliable policy-holder protection regime in Europe. Luxembourg law obliges the signature of a tripartite convention between:
- The insurance company, the depositary institution and the Commissariat aux Assurances (CAA).
Deposit guarantees are unlimited since Luxembourg law does not specify a maximum refund amount (ordinance dated 6 December 1991).
The notion of Super Privilege in Luxembourg
The notion of Super Privilege in Luxembourg
A Luxembourg life insurance policy-holder is considered to be a first rate privileged lender in the event of any default on the part of the insurance provider.
- The state and other organisations or employees are only second rate;
- The insured parties of a life insurance policy will therefore have priority for the recovery of their assets.
Luxembourg life insurance: acceptable underlying assets
Luxembourg authorises multi-currency investments and financial management for guaranteed capital support or unit of account contracts or as part of Internal Dedicated Funds, Specialised Insurance Funds or Internal Collective Funds.
Tax neutrality in Luxembourg
Tax neutrality in Luxembourg
Luxembourg is tax neutral, only the taxes of the policy-holder’s country of residence apply, Luxembourg applies no further taxation thus avoiding double taxation.
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CGEFI assists institutional and financial sector clients, along with its private client-base, in the elaboration and implementation of dedicated asset management strategies.
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