MANNER OF PAYMENT, RECEIPT OF PREMIUM AND ASSUMPTION OF RISKInternational Financial Services Centres Authority (Manner of Payment and Receipt of Premium) Regulations, 2022
MANNER OF PAYMENT, RECEIPT OF PREMIUM AND ASSUMPTION OF RISKInternational Financial Services Centres Authority (Manner of Payment and Receipt of Premium) Regulations, 2022
Premium Payment and Risk Assumption govern insurance business, including premium receipt and refund conditions in international financial services centres. Premium payment, risk assumption, receipt and refund mechanisms for insurance business in International Financial Services Centres are governed by ... Summary
Premium Payment and Risk Assumption govern insurance business, including premium receipt and refund conditions in international financial services centres.
Premium payment, risk assumption, receipt and refund mechanisms for insurance business in International Financial Services Centres are governed by conditions aligned with Section 64 VB of the Insurance Act, 1938. The framework prescribes the manner of premium payment, assumption of risk, receipt or refund of premiums, and related terms and conditions.
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