https://www.taxtmi.com/acts?id=54570 An MGA is prohibited from entering into binding re-insurance or retrocession contracts on behalf of the foreign insurer, participating in insurance or reinsurance syndicates, assigning the contract or further delegating underwriting or claims authority, and jointly employing an individual employed with the foreign insurer. The regulation defines the limits on the MGA's contractual, syndicate-related, delegation, and employment arrangements in relation to the foreign insurer. en-us Tue, 16 Jun 2026 16:17:20 +0530 Tue, 16 Jun 2026 16:17:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=54570 An MGA is prohibited from entering into binding re-insurance or retrocession contracts on behalf of the foreign insurer, participating in insurance or reinsurance syndicates, assigning the contract or further delegating underwriting or claims authority, and jointly employing an individual employed with the foreign insurer. The regulation defines the limits on the MGA's contractual, syndicate-related, delegation, and employment arrangements in relation to the foreign insurer. Act-Rules Indian Laws Tue, 16 Jun 2026 16:17:20 +0530 https://www.taxtmi.com/acts?id=54570