CAPI 2.3.9 Restrictions on captive insurance business—activities that may be conducted

(1) A QFC captive insurer must not conduct any activity other than captive insurance business unless the activity is directly connected with, or conducted for the purposes of, captive insurance business.
(2) For this rule, managing investments is not an activity directly connected with, or conducted for the purposes of, captive insurance business.
Derived from QFCRA RM/2011-1 (as from 1st July 2011)