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    <description>Regulation 3 specifies that capital and solvency requirements govern IIOs undertaking general, health, or re-insurance business. Its objective is to prescribe requirements related to capital and solvency for IIOs carrying on these business categories under the International Financial Services Centres Authority (Assets, Liabilities, and Solvency Margin of General, Health and Re-Insurance Business) Regulations, 2023.</description>
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