IIO registration applications require solvency, governance, regulatory compliance, and credible underwriting and financial plans from insurance market entrants.

Form A for Indian insurer or Indian reinsurer IIO registration was omitted effective 17 October 2024. Before omission, applicants had to furnish company and capital details, board authorization, regulatory approvals, annual reports, proposed office and responsible-person details, fee-payment information, and solvency history. The business plan had to address intended insurance or reinsurance arrangements, underwriting, recruitment and technical training, internal controls, administration costs, and five-year financial forecasts covering reserves, solvency, capital needs, retrocession, and viability. Applications required an authorized declaration and certified English translations of non-English records.

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