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Insurance Act, 2006 (Act 724)

Section 42: (1) An insurer shall not carry on any business whether in the country or elsewhere, otherwise than for the purpose of its insurance business.
(2) Subsection (1) does not apply to a business specified in the Regulations made under this Act as business considered to be carried on in connection with or for the purposes of the insurance business of an insurer.

Subject : Licensing of Insurance  

Procedure to Follow


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Responsible Institution
Relevant Forms to Download

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Online System
Fees/ charges

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