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Insurance Act, 2006 (Act 724)

Section 23: An applicant does not qualify to be issued with a licence to carry on insurance business unless the Commission is satisfied that,
(a) the applicant,
  (b) a person who has a share or an interest in the applicant, whether legal or equitable, where the applicant is not a public company,
(c) a person associated with the applicant, and
(d) a principal member of the applicant, where the applicant is a mutual company
is a fit and proper person to carry on insurance business

Subject : Licensing of Insurance  

Procedure to Follow


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Responsible Institution
Relevant Forms to Download

Not Available

Online System
Fees/ charges

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