IIO registration requires tailored disclosures on capital, solvency, governance, regulatory authorization, underwriting strategy, controls and financial viability.

Registration as an IIO requires use of the prescribed application form for Indian insurers or re-insurers, foreign insurers or re-insurers, joint MGA and foreign insurer or re-insurer applicants, or specified corporate and co-operative applicants. Applications require corporate, capital, ownership, governance, proposed-office, regulatory-approval, solvency, business-strategy and financial-projection disclosures, supported by specified resolutions, certificates, reports and annexures. Foreign and joint applicants must provide home-country regulatory, authorization, credit-rating, assigned-capital and reinsurance information. Applicants must certify the accuracy of facts and reasonableness of projections; non-English materials require certified English translations.

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