Insurance Act, 2006 (Act 724)

Section 31: The Commission may(a) refuse to issue a licence,(b) issue a licence but refuse to authorise all the classes of insurance business requested in the application, or(c) suspend or revoke a licenceand it shall notify the applicant or the affected licence holder in writing of its decision, stating the reasons.

Procedures to Follow

Not Avaiable

Responsible Institution

National Insurance Commission


Relevant Forms to Download

Not Available

Fees / Charges

Not Avaiable