Insurance Act, 2006 (Act 724)
Section 24: (I) Without limiting the scope of section 22, the Commission may by written notice require an applicant either prior to the issue of a licence or as a condition of granting the licence
(a) to increase its capital to an amount greater than the minimum, or (b) to maintain a solvency margin greater than the minimum.
(2) A notice under subsection (1) takes effect as a direction under section 69 (2) or section 71 (2) as the case may be, upon the issue of a licence
Subject : Licensing of Insurance
Procedure to Follow
Responsible Institution
- Email: info@nicgh.org
- Website: https://nicgh.org/
- GPS:
- Telephone: 0302238300 /030 2 238301
Relevant Forms to Download
Not Available
Online System
Fees/ charges
Not Avaiable
Loading. Please wait....