Insurance Supervision
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The MFSA is responsible for the authorisations and subsequent supervision of authorised insurance and reinsurance undertakings effecting and carrying out business of insurance (hereinafter referred to as “undertakings”), insurance agents, insurance brokers, insurance managers, tied insurance intermediaries and ancillary insurance intermediaries, (hereinafter referred to as “insurance intermediaries”),
- Undertakings are required to comply with the Insurance Business Act, regulations, issued thereunder, Insurance Rules and Conduct Insurance Rules issued by the MFSA.
- Insurance Intermediaries are required to comply with the Insurance Distribution Act, regulations issued thereunder and the Insurance Distribution Rules and Conduct of Business Rules issued by the MFSA.
The MFSA also supervises the manner in which insurance undertakings and insurance intermediaries entities carry out their business to ensure that this act honestly, fairly and in accordance with the best interest of their clients. In this context, insurance undertakings and insurance intermediaries are expected to act in line with the general principle of putting their clients at the heart of the manner in which they run their business. From an industry perspective, addressing and swiftly resolving emerging and crystallised conduct issues can help avoid potential costs such as fines, redress costs, legal fees and not least, reputational damage. From the customers’ perspective good conduct of business would ensure increased consumer confidence in the products and services provided by insurance undertakings and intermediaries. The Conduct Supervisory Function considers that addressing conduct risk requires looking beyond the direct interaction with consumers at the point of sale (i.e., disclosures and advice). Poor conduct outcomes for consumers may result also from the characteristics of insurance products which they purchase. Therefore, insurance undertakings and intermediaries are expected to have in place good product oversight and governance arrangements which need to be followed when designing and distributing products to consumers.
Supervision is based on a prospective and risk based approach and is carried out in a proportionate manner through an appropriate combination of off-site and on-site supervision. Duties are carried out in a transparent and accountable manner taking into account the protection of confidential information. In exercising its functions and duties under the Insurance Business Act and the Insurance Distribution Act, the MFSA is required to take into account a European Union dimension and to duly consider the potential impact of its decisions on the stability of the financial system in the European Union, in particular, in emergency situations.
The MFSA is the competent authority in Malta responsible for granting authorisation to persons seeking to carry out financial services activities. Authorisation is an important part of the overall supervisory framework.
The authorisation process of entities seeking to enter the financial services industry is a key function of the Malta Financial Services Authority in its gatekeeper role. The objective of the assessment of an application for authorisation is to ensure that criteria detailed under the respective financial services legislation are satisfied at authorisation stage and continue to be fulfilled on an ongoing basis.
The Malta Financial Services Authority’s Financial Services Register is a public record that shows details about firms licensed and regulated by the Authority.
Insurance Undertakings
Insurance Intermediaries
Archives
Insurance Undertakings
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- Legislation
- Insurance Rules
- Application Forms
- Conduct Rules
- Supervisory Disclosure
- Consumer Reports
- Conduct-Related Data Reporting Requirements
- Newsroom
Subsidiary Legislation
S.L. 403.02 – Insurance Business (Custodian of Assets) Regulations
S.L. 403.04 – Insurance Business (Fees) Regulations
S.L. 403.06 – Insurance Business (Penalties for Offences and Infringements) Regulations
S.L. 403.08 – Insurance Business (Linked Long Term Contracts) Regulations
S.L. 403.09 – Insurance Business (Approved Auditor) Regulations
S.L. 403.10 – Insurance Business (Long Term Business Contract Statutory Notice) Regulations
S.L. 403.13 – Protection and Compensation Fund Regulations
S.L. 403.14 – European Passport Rights for Insurance and Reinsurance Undertakings Regulations
S.L. 403.16 – Insurance Business (Maintenance of Assets) Regulations
S.L. 403.19 – Re-Insurance Special Purpose Vehicles Regulations
S.L. 403.20 – Insurance Business (Phasing-in) Regulations
S.L. 403.21 – Insurance Business (Commission Delegated Regulation on Solvency II) Regulations
S.L. 403.22 – Insurance Business (Exemptions) Regulations
S.L. 403.23 – Insurance Business (Solvency II Transitional Provisions) Regulations
S.L. 403.24 – Insurance Business (General Provisions of Supervision) Regulations
Related Legislation
Set-off and Netting on Insolvency Act Cap. 459
Insurance Distribution Act Cap. 487
Prevention of Money Laundering Act Cap. 373
Malta Financial Services Authority Act Cap. 330
Professional Secrecy Act Cap. 377
S.L. 386.10 Companies Act (Cell Companies Carrying on Business of Insurance) Regulations
Conduct Legislation
In this section you will find the Acts of Parliament which lays down the framework of the regulatory regime applicable to insurance undertakings and insurance intermediaries and addition subsidiary legislations related to insurance.
Insurance Business Act Cap. 403
S.L. 403.06 Insurance Business (Penalties for Offences and Infringements) Regulations
S.L. 403.08 Insurance Business (Linked Long Term Contracts) Regulations
S.L. 403.10 Insurance Business (Long Term Business Contract Statutory Notice) Regulations (Click here for more)
Insurance Rules issued under the Insurance Business Act (CAP.403)
Part A – Authorisation Requirements Applicable under the Insurance Business Act
Chapter 1: The Application Process
Guidelines for Compliance Officers and Money Laundering Reporting Officers
Responsibilities of Compliance Officers
Chapter 2: Fit and Proper Criteria, Notification and Assessment
ANNEX I – Personal Questionnaire
Chapter 3: Prudential assessment of acquisitions and increase of holdings in authorised undertakings
SCHEDULE – List of information required for the assessment of an acquisition
ANNEX – Questionnaire for Qualifying Shareholders other than Individuals
Chapter 4: Authorisation to Act as Approved Auditor
FIRST SCHEDULE – The Approved Auditors Register
SECOND SCHEDULE – The Approved Auditors List
Part B – Conditions for carrying on Business of Insurance
Chapter 6: System of Governance
ANNEX I – Guidelines on System of Governance and on Own Risk and Solvency Assessment
ANNEX III – Encouragement of Long-Term Shareholder Engagement
Chapter 7: Separate Management of Long Term Business and General Business
Chapter 8: Financial Statements and Supervisory Reporting Requirements
ANNEX I – Guidelines on Reporting and Public Disclosure
ANNEX II – Annual National Specific Templates (IFRS 4 and GAPEE)
ANNEX III – Quarterly National Specific Templates (IFRS 4 and GAPEE)
ANNEX V – External Audit of the Solvency II Regulatory Returns
ANNEX VI – Annual National Specific Templates (IFRS 17)
ANNEX VII – Quarterly National Specific Templates (IFRS 17)
Annex I – Applicable Provisions for European Insurance Undertakings establishing a Branch in Malta
Annex II – Applicable Provisions for European Insurance Undertakings providing services in Malta
Chapter 11: Provisions applicable to specific classes of general business of insurance
Chapter 12: Publicity Given to Notices to Cease to Carry on Business of Insurance
Chapter 13: General Principles of Supervision Rules
Part C – Other Provisions
Chapter 14: Reinsurance Special Purpose Vehicles
First Schedule – Application for authorisation of a RSPV
Second Schedule -Application for authorisation of a RSPV SCC
Third Schedule – Application for approval of a cell of a RSPV SCC
Chapter 15: Phasing-in measures for Solvency II Implementation
Chapter 17: Cell Companies carrying on Business of Insurance
Insurance Distribution Directive
Ref No | Description | Date |
---|---|---|
Directive (EU) 2016/97 | Insurance Distribution Directive | 20/01/2016 |
Delegated Regulations
PRIIPS Regulation
Ref No | Description | Date of Issue |
---|---|---|
1469/2017 | Laying down a standardised presentation format for the insurance product information document | 11/08/2017 |
1286/2014 | Key information documents for packaged retail and insurance-based investment products | 26/11/2014 |
EIOPA Documents
Regulation 6(1) of the Insurance Business (General Provisions of Supervision) Regulations, 2015, requires the MFSA to carry on its duties in a transparent and accountable manner taking into account the protection of confidential information. This requirement emanates from Article 31 of Directive 2009/138/EC (“the Solvency II Directive”). In order to foster a uniform level of transparency and accountability of supervisory authorities and in order to ensure that the information disclosed in accordance with Article 31(2) of Directive 2009/138/EC (“the Solvency II Directive”) is easily accessible and comparable, the supervisory authorities are required to disclose certain information. This information is to be disclosed in a common format and shall be sufficient to enable a comparison of the supervisory approaches adopted by the MFSA and the European regulatory authorities of the different Member States.
In terms of regulation 6(2) of the Insurance Business (General Provisions of Supervision) Regulations, 2015, the MFSA is required to publish, in accordance with any delegated acts and implementing technical standards adopted by the European Commission pursuant to Article 31(4) and (5) of the Solvency II Directive, the following information:
(a) the texts of laws, regulations, administrative rules and general guidance adopted in Malta in the field of insurance regulation;
(b) the general criteria and methods, including the tools to be used in the supervisory review process;
(c) without prejudice to the confidentiality provisions contained in the Act, aggregate statistical data on key aspects of the application of the prudential framework in Malta;
(d) the manner of exercise of the options provided for in the Solvency II Directive;
(e) the objectives of supervision and its main functions and activities.
For this purpose, the Commission Implementing Regulation 2015/2451 of 2 December 2015 lays down implementing technical standards with regard to the templates and structure of the disclosure of specific information by supervisory authorities in accordance with Directive 2009/138/EC of the European Parliament and of the Council, and requires the MFSA to present the information to be disclosed under Article 31(2) of the Solvency II Directive as follows:
Laws, Regulations, Administrative Rules and General Guidance
Article 31(2)(a) of the Solvency II Directive requires the MFSA to disclose information on the text of laws, regulations, administrative rules and general guidance in the field of insurance regulation.
Union legislation in the field of insurance regulation that is directly applicable in a Member State
The following are a list of delegated acts and implementing technical standards adopted by the European Commission under the Solvency II Directive, that are directly applicable in Malta:
Solvency II Delegated Regulations
- Commission Delegated Regulation (EU) 2015/3
- Commission Delegated Regulation (EU) 2016/467, amending Commission Delegated Regulation (EU) 2015/35
- Commission Delegated Regulation (EU) 2017/1542, amending Commission Delegated Regulation (EU) 2015/35
Solvency II Implementing Regulations
- Commission Implementing Regulation (EU) 2018/730
- Commission Implementing Regulation (EU) 2018/633, amending Implementing Regulation (EU) 2016/1800
- Commission Implementing Regulation (EU) 2018/165
- Commission Implementing Regulation (EU) 2017/2190, amending Implementing Regulation (EU) 2015/2452
- Commission Implementing Regulation (EU) 2017/2189, amending Implementing Regulation (EU) 2015/2450
- Commission Implementing Regulation (EU) 2017/2015
- Commission Implementing Regulation (EU) 2017/1421
- Commission Implementing Regulation (EU) 2017/812
- Commission Implementing Regulation (EU) 2017/309
- Commission Implementing Regulation (EU) 2016/1868, amending Implementing Regulation (EU) 2015/2450
- Commission Implementing Regulation (EU) 2016/1800
- Commission Implementing Regulation (EU) 2016/1976
- Commission Implementing Regulation (EU) 2016/1630
- Commission Implementing Regulation (EU) 2016/1376
- Commission Implementing Regulation (EU) 2016/869
- Commission Implementing Regulation (EU) 2016/165
- Commission Implementing Regulation (EU) 2015/460
- Commission Implementing Regulation (EU) 2015/461
- Commission Implementing Regulation (EU) 2015/462
- Commission Implementing Regulation (EU) 2015/498
- Commission Implementing Regulation (EU) 2015/499
- Commission Implementing Regulation (EU) 2015/500
- Commission Implementing Regulation (EU) 2015/2011
- Commission Implementing Regulation (EU) 2015/2012
- Commission Implementing Regulation (EU) 2015/2013
- Commission Implementing Regulation (EU) 2015/2014
- Commission Implementing Regulation (EU) 2015/2015
- Commission Implementing Regulation (EU) 2015/2016
- Commission Implementing Regulation (EU) 2015/2017
- Commission Implementing Regulation (EU) 2015/2450
- Commission Implementing Regulation (EU) 2015/2451
- Commission Implementing Regulation (EU) 2015/2452
International Accounting Standards Regulation
- Regulation (EC) No 1606/2002
- Regulation (EC) No 297/2008, amending Regulation (EC) No 1606/2002
Audit Regulation
The text of national laws, regulations, administrative rules and general guidance in the field of insurance regulation, transposing or based on Union law or otherwise applicable.
The framework of Maltese insurance legislation transposing the Solvency II Directive consists of the following:
- Insurance Business Act (Cap. 403);
- Regulations issued under the Act;
- Insurance Rules issued under the Act; and
- EIOPA Guidelines
The MFSA issues Circulars and guidance to insurance and reinsurance undertakings regarding the implementation of the Solvency II Directive, which may be accessed here.
Aggregate Statistical Data - Disclosure of Data on the MFSA
Article 31(2)(c) of the Solvency II Directive, Article 316 of the Commission Delegated Regulation (EU) 2015/35 (1) and Annex XXI to the said Regulation, require the MFSA to disclose aggregate statistical data relating to information on key aspects of the application of the prudential framework under the Solvency II Directive, by using the following Templates:
TEMPLATE C – for the Disclosure of Quantitative Aggregate Statistical Data on the MFSA, 2021
TEMPLATE D – for the Disclosure of Qualitative Aggregate Statistical Data on the MFSA, 2021
The exercise of options under the Solvency II Directive
Article 31(2)(d) of the Solvency II Directive requires the MFSA to disclose information on the manner of exercise of options provided for in the Solvency II Directive. The disclosure of information by the MFSA regarding these options may be found in this list of options which indicates whether the MFSA has adopted the particular options in the process of Solvency II implementation.
The Supervisory Objectives, Functions and Activities & The Supervisory Review Process
Article 31(2)(b) and (e) of the Solvency II Directive require the MFSA to disclose information on the general criteria and methods used in the supervisory review process and on objectives of the supervision and its main functions and activities, respectively. This information can be accessed here.
In this section you will find several consumer studies aimed at identifying and addressing information gaps about financial services within various groups of the community, to enable them to make informed decisions and enhance their trust.
Insurance Intermediaries
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Conduct Legislation
In this section you will find the Acts of Parliament which lays down the framework of the regulatory regime applicable to insurance undertakings and insurance intermediaries and addition subsidiary legislations related to insurance.
Insurance Business Act Cap. 403
S.L. 403.06 Insurance Business (Penalties for Offences and Infringements) Regulations
S.L. 403.08 Insurance Business (Linked Long Term Contracts) Regulations
S.L. 403.10 Insurance Business (Long Term Business Contract Statutory Notice) Regulations (Click here for more)
Insurance Distribution Rules issued under the Insurance Distribution Act (CAP. 487)
Exercise of options under the Insurance Distribution Directive
Part A – Authorisation Requirements applicable under the Insurance Distribution Act
Chapter 1: The Application Process of Insurance Agents, Insurance Managers and Insurance Brokers
APPENDIX I – Role of Compliance Officers
APPENDIX II – Role of Money Laundering Reporting Officers
Annex – Tied Insurance Intermediary/Ancillary Insurance Intermediary: Pre-Enrolment Course
Chapter 3: Criteria of Fitness and Properness of Intermediaries
ANNEX – Personal Questionnaire
FIRST SCHEDULE – Value of the Own Funds of Enrolled Persons and Share Capital of Enrolled Companies
SECOND SCHEDULE – Credit Risk Transfer Agreement
THIRD SCHEDULE – Declaration Form
Part B – Conditions for carrying out Insurance Distribution Activities and Reinsurance Distribution Activities
Chapter 5: Criteria of Sound and Prudent Management
Chapter 6: Knowledge and Ability
Chapter 7: Continuous Professional Development
Chapter 8: Monies held in a Fiduciary Capacity
Chapter 10: Information to be provided to the competent authority for Supervisory Purposes
First Schedule – Business of Insurance Intermediaries Statement
Chapter 11: Provisions applicable to specific insurance and reinsurance intermediaries
First Schedule – Business of insurance not subject to tied insurance intermediaries activities
Second Schedule – Business of insurance not subject to ancillary insurance intermediaries activities
Chapter 12: Issuing and Registration of Underwriting Agreements
Chapter 13: Computer Link Arrangements
Chapter 14: Persons qualified to make use of the word “Insurance”
Chapter 16: Freedom of Establishment and Freedom to provide Services by a European Intermediary
Part A – Authorisation Requirements applicable under the Insurance Distribution Act
Chapter 1: The Application Process of Insurance Agents, Insurance Managers and Insurance Brokers
Second Schedule – Application for enrolment in the Agents List, Managers List or Brokers List
Third Schedule – Additional application details for enrolment in the Agents List or Managers List
Notes to the Second Schedule, Third Schedule and Fourth Schedule
Application of an Approved Individual in terms of Article 37 (2) of the Act
APPENDIX I – Role of Compliance Officers
APPENDIX II – Role of Money Laundering Reporting Officers
Chapter 2: The Application Process of Tied Insurance Intermediaries and Ancillary Insurance Intermediaries
First Schedule – Registration of persons carrying out tied intermediaries activities
Ninth Schedule – Particulars of persons carrying out tied insurance intermediaries activities
Tenth Schedule – Particulars of persons carrying out ancillary insurance intermediaries activities
Insurance Distribution Directive
Ref No | Description | Date |
---|---|---|
Directive (EU) 2016/97 | Insurance Distribution Directive | 20/01/2016 |
Delegated Regulations
PRIIPS Regulation
Ref No | Description | Date of Issue |
---|---|---|
1469/2017 | Laying down a standardised presentation format for the insurance product information document | 11/08/2017 |
1286/2014 | Key information documents for packaged retail and insurance-based investment products | 26/11/2014 |
EIOPA Documents
General Good Rule
General Good Rules for Insurance Intermediaries
Chapter 16: Freedom of Establishment and Freedom to provide Services by a European Intermediary
Archives
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Insurance Rules applicable up to 31st December 2015
Rule 1 of 2007 – Own Funds of Companies Carrying on Business of Insurance
Own Funds of Companies Carrying on Business of Insurance
Rule 2 of 2007 – Criteria of Fitness and Properness
Criteria of Fitness and Properness
Rule 3 of 2007 – Information for Policyholders
Rule 4 of 2008 – Specified Effective Period with Respect to Certain Contracts of Long Term Business
Specified Effective Period with Respect to Certain Contracts of Long Term Business
Rule 5 of 2008 – Mutual Associations
Rule 6 of 2011 – Schemes of Operations Relating to Business of Insurance
Schemes of Operations Relating to Business of Insurance
Rule 7 of 2009 – Separate Management of Long Term Business and General Business
Separate Management of Long Term Business and General Business
Rule 8 of 2008 – Qualifications of Individuals Who Are Responsible for the Effective Management of Insurance and Reinsurance Companies or Branches Thereof
Rule 9 of 2007 – Repeal of Insurance Directive 9 of 1999 – Commercial Business Which May be Stated in the Objects of Companies Acting as Insurance Agents
Rule 10 of 2007 – Repeal of Insurance Directive 10 of 1999 – Schemes of Operations Relating to Business of Insurance and Other Activities to be Carried on in the Case of Insurance Agents and Insurance Managers
Rule 11 of 2007 – Repeal of Insurance Directive 11 of 1999 – Monies Held in a Fiduciary Capacity
Repeal of Insurance Directive 11 of 1999 – Monies Held in a Fiduciary Capacity
Rule 12 of 2007 – Business of Insurance Statements
Business of Insurance Statements
Part A Part 1 – General Business – Statistical, Underwriting & Claims Information – Forms 1 to 30
Part A Part 2 – General Business – Statistical, Underwriting & Claims Information – Forms 31 to 58
Part A Part 3 – General Business – Statistical, Underwriting & Claims Information – Forms 59 to 74
Part A Part 4 – General Business – Statistical, Underwriting & Claims Information – Forms 75 to 98
Part B – General Business – Technical Results
Part C – Solvency & Capital Adequacy (effective as from 31/12/2012)
Part D Part 1 – Long Term Business – Statistical & Technical Results
Part D Part 2 – Long Term Business of Insurance Statements
Part D Part 2 – Instructions to Complete Forms 1-20
Part D Part 3 – Abstract of the Valuation Report Prepared by the Appointed Actuary
Part E – Certificate by Directors & Actuary & Report of the Auditors
Part H – Guidance on Completion of the Business of Insurance Statements
Part I Part 1 – Outward Reinsurance Business
Rule 13 of 2008 – Publicity Given to Notices to Cease to Carry on Business on Insurance
Publicity Given to Notices to Cease to Carry on Business of Insurance
Rule 14 of 2008 – Insurance Advertisement and Other Promotional Activities
Publicity Given to Notices to Cease to Carry on Business of Insurance
Rule 15 of 2008 – Appointments and Changes of Director, Controller or Senior Manager
Appointments and Changes of Director, Controller or Senior Manager
Appendix 1 – Personal Questionnaire
Rule 16 of 2007 – Zone of Countries
Rule 17 of 2009 – Authorisation to act as approved auditor
Authorisation to act as approved auditor
Rule 18 of 2008 – Close Links
Rule 19 of 2008 – Legal Expenses Insurance
Rule 20 of 2009 – Assistance Insurance
Rule 21 of 2007 – Business of Affiliated Insurance
Business of Affiliated Insurance
Rule 22 of 2009 – Exercise of Passport Rights by European Insurance Undertakings and European Reinsurance Undertakings – Establishment
Rule 23 of 2009 – Exercise of Passport Rights by European Insurance Undertakings – Services
Exercise of Passport Rights by European Insurance Undertakings – Services
Rule 24 of 2009 – Exercise of Passport Rights by Maltese Insurance Undertakings and Maltese Reinsurance Undertakings – Establishment
Rule 25 of 2009 – Exercise of Passport Rights by Maltese Insurance Undertakings – Services
Exercise of Passport Rights by Maltese Insurance Undertakings – Services
Rule 26 of 2008 – Export Credit Insurance
Rule 27 of 2009 – Insurers’ Internal Controls
Rule 28 of 2008 – Insurance Companies carrying on Business of Insurance through the Internet
Insurance Companies carrying on Business of Insurance through the Internet
Rule 29 of 2009 – Prudential assessment of acquisitions and increase of holding in authorised companies
Prudential assessment of acquisitions and increase of holding in authorised companies
Rule 34 of 2015 – Repeal of insurance rules made under the Insurance Business Act
Repeal of insurance rules made under the Insurance Business Act
Rule 33 of 2015 – Phasing-in measures for Solvency II Implementation
Phasing-in measures for Solvency II Implementation
Rule 32 of 2014 – Reinsurance Special Purpose Vehicles
Reinsurance Special Purpose Vehicles
Rule 31 of 2013 – Preparatory Measures for Solvency II Implementation
Preparatory Measures for Solvency II Implementation
Rule 30 of 2012 – Complaints-Handling by Authorised Companies
Insurance Intermediaries Rules applicable up to 30th September 2018
Rule 1 of 2007 – Own Funds of Persons Enrolled in the Agents List, Managers List or Brokers List Carrying out Insurance Intermediaries Activities
Rule 2 of 2007 – Criteria of Fitness and Properness of Insurance Intermediaries
Criteria of Fitness and Properness of Insurance Intermediaries
Rule 3 of 2007 – Disclosure of Information for Clients
Disclosure of Information for Clients
Rule 4 of 2007 – Code of Conduct for Insurance Intermediaries
Code of Conduct for Insurance Intermediaries
Rule 5 of 2008 – Insurance Intermediaries Advertisement and Other Promotional Activities
Insurance Intermediaries Advertisement and Other Promotional Activities
Rule 6 of 2007 – Criteria of Sound and Prudent Management
Criteria of Sound and Prudent Management
Rule 8 of 2007 – Particulars of Individuals to be Entered in the Agents Register, Managers Register or Brokers Register
Rule 9 of 2007 – Qualifications of Individuals Applying for Registration
Qualifications of Individuals Applying for Registration
Rule 10 of 2007 – Particulars of Intermediaries to be entered in the Agents List, Managers List Brokers List or Tied Insurance Intermediaries List
Rule 11 of 2007 – Commercial Business Which May be Carried out by Enrolled Persons
Commercial Business Which May be Carried out by Enrolled Persons
Rule 12 of 2007 – Scheme of Operations Relating to Enrolment in the Agents List, Managers List or Brokers List and the Application for Enrolment
Rule 13 of 2007 – Monies Held in a Fiduciary Capacity
Monies Held in a Fiduciary Capacity
Rule 14 of 2007 – Fidelity Bonds
Rule 15 of 2007 – Business of Insurance Intermediaries Statements
Business of Insurance Intermediaries Statements
Rule 16 of 2007 – Particulars of Persons to be Entered in the Tied Insurance Intermediaries Company Registers
Particulars of Persons to be Entered in the Tied Insurance Intermediaries Company Registers
Rule 17 of 2007 – Application for Persons to be Entered in the Tied Insurance Intermediaries List
Application for Persons to be Entered in the Tied Insurance Intermediaries List
Rule 18 of 2007 – Business of Insurance Not Subject to Tied Insurance Intermediaries Activities
Business of Insurance Not Subject to Tied Insurance Intermediaries Activities
Rule 19 of 2007 -Persons Qualified to Make Use of the word “Insurance”
Persons Qualified to Make Use of the word “Insurance”
Rule 20 of 2007 – Issuing and Registration of Underwriting Agreements
Issuing and Registration of Underwriting Agreements
Rule 21 of 2007 – Personal Questionnaire to be submitted by specific individuals
Appendix 1 – Personal Questionnaire
Rule 22 of 2007 – Computer Link Arrangements
Rule 23 of 2008 – Carrying out Insurance Intermediaries Activities through the Internet
Carrying out Insurance Intermediaries Activities through the Internet
Rule 24 of 2009 – Introducers
Rule 25 of 2014 – Complaints-Handling by Insurance Intermediaries