CAPI 1.2.8 What is captive insurance management?

Captive insurance management is the administration of, and exercise of managerial functions for, a QFC captive insurer, and includes the administration of contracts of insurance for the insurer.

Note 1 Exercise and functions are defined in the glossary.

Note 2 Captive insurance management is a regulated activity (see Insurance Mediation Business Rules 2011, rule 1.2.6).

Derived from QFCRA RM/2011-1 (as from 1st July 2011)