Registration of underwriters requires assessment of infrastructure, capital adequacy and fit and proper character before certification. The Board considers operational capacity and integrity when granting underwriter certificates, assessing infrastructure, underwriting experience, prior ... Summary
Registration of underwriters requires assessment of infrastructure, capital adequacy and fit and proper character before certification.
The Board considers operational capacity and integrity when granting underwriter certificates, assessing infrastructure, underwriting experience, prior refusal or disciplinary action against connected persons, compliance with capital adequacy requirements, convictions for moral turpitude or economic offences among key persons, and whether the applicant is a fit and proper person.
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