Insurance (General Provisions and Exemptions for Marine Mutual Insurers) Regulations 2007
Table of Contents
Enacting Formula
Part I PRELIMINARY
1 Citation and commencement
2 Definitions
Part II FINANCIAL REQUIREMENT BEFORE REGISTRATION, FUND SOLVENCY REQUIREMENT AND CAPITAL ADEQUACY REQUIREMENT
3 Paid-up capital requirement
4 Fund solvency requirement
5 Capital adequacy requirement
6 Exemptions in respect of Insurance (Valuation and Capital) Regulations 2004
Part III ACCOUNTS AND STATEMENTS
7 Exemptions in respect of Insurance (Accounts and Statements) Regulations 2004
8 Forms
9 Balance sheet in respect of global business operations
10 Additional returns
11 Provisions as to returns lodged
12 Valuation of assets and liabilities
13 Lodgment and signature of additional returns
14 Additional returns in electronic form
15 Deadlines for lodgment of returns
Part IV General EXEMPTIONS
16 Exemption from deposit
17 Exemption in respect of insurance funds
18 Exemption from actuarial certification of liabilities
19 Exemption in respect of Policy Owners’ Protection Fund
Part V MISCELLANEOUS
20 Revocation
21 Savings and transitional provisions
THE SCHEDULE Insurance Act (Chapter 142) Insurance (General Provisions and Exemptions for Marine Mutual Insurers) Regulations