... Consultation Conclusions on Draft Insurance (Financial and Other Requirements for Licensed Insurance Broker Companies) Rules 6 minimum capital or net assets. In our view, the proposed minimum level of $500,000 already represents a reasonable baseline. 21. Feedback from one insurance broker company suggested...

... Consultation Conclusions on Draft Insurance (Financial and Other Requirements for Licensed Insurance Broker Companies) Rules 6 minimum capital or net assets. In our view, the proposed minimum level of $500,000 already represents a reasonable baseline. 21. Feedback from one insurance broker company suggested...

... Consultation Conclusions on Draft Insurance (Financial and Other Requirements for Licensed Insurance Broker Companies) Rules 6 minimum capital or net assets. In our view, the proposed minimum level of $500,000 already represents a reasonable baseline. 21. Feedback from one insurance broker company suggested...

... Member has only one natural person as a director and that person ceases to be a director, the Member shall appoint another natural person as a director within 21 days of the said cessation. 7.3.3 Directors of a Member shall forthwith inform the Confederation in writing of any changes in their...

... to approve, revoking the approval of or objecting to the proposed appointment or appointment already made, as appropriate, may, within 21 days after the notice informing the person of the decision has been served, apply to the Insurance Appeals Tribunal for a review of the decision. If a party to a...

... consent by an insurer, after all, will take into account commercial considerations. Hence, it is not considered appropriate to address this issue by way of regulation. Q3. Do you agree that the sub-cap should remain two long term insurers? Feedback received 21. A majority of respondents were of the view...