Third-party cell captive regulatory policy proposals issued in South Africa

South African authorities have released the regulatory policy proposals relating to third-party cell captive insurance, focusing on governance and risk management. The proposals were issued in a joint communication from the Financial Sector Conduct Authority and the Prudential Authority, and apply to insurance business or microinsurance business conducted by cell captive insurers (as defined in the Insurance Act 2017) and…

Please register or login to view the full post