Regulatory Alerts2022-01-10
Regulations 8 of the Regulations Under the Short-Term Insurance Act
The regulator issued Regulations 8 of the Regulations Under the Short-Term Insurance Act to amend key operational and compliance provisions for licensed short-term insurers. These regulations update reporting thresholds, clarify licensing requirements, and streamline enforcement mechanisms to align with current market practices. The revised framework takes effect upon publication in the Government Gazette and applies to all active short-term insurance providers.
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