2024-09-04
Added · Updated
The Financial Services Commission of Mauritius has issued the Insurance (Returns) Rules 2024 to mandate insurers to submit detailed regulatory returns for general, long term, and reinsurance business. These rules require compliance through specified forms outlined in the First, Second, Third, and Fourth Schedules. Effective 9 September 2024, the new rules supersede the Insurance (Returns) Rules 2007 and establish updated reporting obligations under Section 49(2) of the Insurance Act.
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LEGAL SUPPLEMENT I54I to the Government Gazette of Mauritius No. 95 of l4 September 2024 Government Notice No. 177 of 2024 THE INSURAI\CE ACT FSC Rules made by the Financial Services Commission under Section 130 of thelnsuranceAct
t542 Government Notices 2024
(1) its general reinsurance business, in accordance with Forms A0, Al, A2, A3, A4, A5, A6, A7, A8, A9, Al 0, Al l, Al2, A13, L0, Ll, L2, L3,L4, L5, L6, L7, IR0, IRl, IR2, IR3, IR4, IR5, IR6, IR7, IR8, IR9, IRlO, IRl1, IRl2, IO, I1, 12, 13,14,15,16,17,18,I9, pLO, pLr,PLz, PL3, C0, Cl,C2, c3,c4,c5,c6,c7,c8, c9, c10, cll,c12, Rl, R2, R3, R4, R5, R6, R7, and R8 under the Third Schedule; (2) its long term reinsurance business, in accordance with Forms A0, A 1, A2, A3, A4, A5, A6, A7,A8, A9, A I 0, A I l, A12, Al 3, L0, Ll, L2, L3, L4, L5, L6, L7, IR0, IRl, IR2, IR3, IR4, IR5, IR6, IR7, IR8, IR9, IRlO, IO, I1, 12,13,T4, 15,16,I7,I8,19, pL0, pLl,pLz, pL3, C0, Cl,C2,C3,C4, c5, c6, c7, cg, cg, clo, cl1, Rl, R2, R3, R4, R5, R6, R7, R8 and R9 under the Fourth Schedule.
5. The Insurance (Returns) Rules 2007 are herebyrevoked.
6. These Rules shall be deemed to come into operation on
9 September 2024.
Made by the Financial Services Commission on 5 September 2024.
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Source: Financial Services Commission Mauritius — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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