CAPTIVE INSURANCE BUSINESS
Applicants for captive insurance licences are companies with a Category 1 Global Business Licence duly licensed by the Financial Services Commission. Applications must be submitted to the Financial Services Commission through a Management Company and should be made on prescribed application forms and accompanied by the required supporting documents.
TYPES OF CAPTIVES PERMISSIBLE:
(a) Captive General Insurance Business
(b) Captive Long Term Insurance Business
(c) Captive General and Long Term Insurance Business
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