International Financial Services Centres Authority (Registration of Insurance Business) Regulations, 2021 Chapter II SETTING UP OF A IFSC INSURANCE OFFICE
Contents
Rules & Regulations
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Registration for IFSC insurance business is mandatory, with separate application frameworks for Lloyd's, managing general agents, and foreign insurers. Registration is mandatory before any person may commence insurance or re-insurance business in an International Financial Services Centre. Applicants, ... Summary
International Financial Services Centres Authority (Registration of Insurance Business) Regulations, 2021
Registration for IFSC insurance business is mandatory, with separate application frameworks for Lloyd's, managing general agents, and foreign insurers.
Registration is mandatory before any person may commence insurance or re-insurance business in an International Financial Services Centre. Applicants, including Lloyd's, must apply in prescribed First Schedule forms and in the manner specified by the Authority. Separate schedules govern Lloyd's, Lloyd's IFSC and service-company registration, as well as managing general agents, relevant foreign insurers or foreign re-insurers, and their registration.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.