Insurance Regulations, 1990 (LI 1502)
Regulation 1—Paid-Up Capital and Statutory Deposits of Insurers, Brokers and Adjusters.
The requisite paid-up capital and statutory deposits of insurance companies are as specified in the following sections of the Insurance Law, 1989 (P.N.D.C.L. 227)—
(1) Life Insurer . . . . . . . . Part II, Section 18 (1) (a);
(2) Non-Life Insurer . . . . . . Part II, Section 18 (1) (b);
(3) Composite Insurer . . . . . . Part II, Section 18 (1) (c);
(4) Re-insurer . . . . . . . . Part II, Section 18 (1) (d);
(5) Mutual Insurer . . . . . . Part II, Section 20 (2);
(6) A Broker or an Adjuster . . . . Part V, Section 53 (2).
Procedure to Follow
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Responsible Institution
- Email: info@nicgh.org
- Website: https://nicgh.org/
- GPS:
- Telephone: 0302238300 /030 2 238301
Relevant Forms to Download
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Online System
Fees/ charges
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