Regulatory Alerts2021-11-10
Added · Updated
Standard INS-S-2-18 Certificate of Registration for Insurers and Reinsurers
The Namibia Financial Institutions Supervisory Authority issued Standard INS-S-2-18 to prescribe the mandatory registration certificate form for all insurers and reinsurers under the Financial Institutions and Markets Act, 2021. The standard defines key regulatory terms and requires the authority to issue a certificate specifying authorized business classes immediately upon an applicant's registration. It applies universally to registered entities and establishes a uniform documentation framework to verify statutory compliance.