Regulatory Alerts2020-12-15 | https://aifc.kz/legal-framework/guidance-to-the-aifc-captive-insurance-regime-for-captive-insurers-and-captive-insurance-managers/Guidance to the AIFC Captive Insurance Regime for Captive Insurers and Captive Insurance Managers
The Astana Financial Services Authority issued this guidance to regulate captive insurers and managers operating within the Astana International Financial Centre. The document defines three captive classes with distinct third-party underwriting permissions and establishes minimum capital requirements based on risk profiles. It further mandates that insurance managers serve as the primary regulatory liaison, ensuring strict compliance, financial oversight, and proper record-keeping for their client insurers.
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