CAPI 5.1.4 Captive insurers that are PCCs to conduct insurance business only through cells

A QFC captive insurer that is a protected cell company must ensure that, when it conducts captive insurance business, each contract of insurance is attributable to a particular cell of the QFC captive insurer.

Note For the obligations of a QFC captive insurer that is a protected cell company and that effects long term insurance contracts, see rule 8.2.2.

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