Transcription of Insurance Act 1978 - Bermuda Laws
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Insurance Act 1978 - Bermuda Laws
FAERNATFTQUOUBERMUDAINSURANCE ACT 19781978 : 39 TABLE OF CONTENTSPART IInterpretationMeaning of director , controller , chief executive , officer , senior executive , associate Meaning of parent and subsidiary companyPART IATHE AUTHORITYF unctions and duties of the AuthorityFunctions of the AuthorityAuthority s statement of principlesGuidanceCodes of ConductInsurance Advisory CommitteePART IIREGISTRATIONI nsurers to be registeredRegistration as insurerDetermination of class of registration for general businessClass 1 insurerClass 2 insurerClass 3 insurerClass 3A insurerClass 3B insurerClass 4 insurerDetermination of class of registration for long-term business11A1B22A2B2BA2C344A4B4C4D4DA4DB4 E4EA1 Insurance ACT 1978 Class A insurerClass B insurerClass C insurerClass D insurerClass E insurerClass IGBC lass ILTC lasses of insurer.
to or from Bermuda; or the life, safety, fidelity or insurable interest of an individual who at the time of the making of the contract is ordinarily resident in Bermuda; or a risk of a company formed in Bermuda that is not an exempted company]; (a) (a)
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