Chapter 4
बीमकको दर्ता, दर्ता खारेज तथा दायित्व

You are viewing the translated version of बीमकको दर्ता, दर्ता खारेज तथा दायित्व.

Contains Sections:

10

Registration of Insurers

11

Renewal of Insurer's Registration

12

Cannot be registered

12A

Suspension of insurance business

13

Registration of insurer can be canceled

14

No loan, surety or security to the director

15

Notification to be given

16

Payment of insurance claim after cancellation of insurer

17

Liability of insurer

18

Appointment of liquidator

19

Insurer's bookkeeping and accounting

20

Separate account should be kept

21

Insurance Fund

22

Compulsory reserve fund

23

Balance sheet to be submitted

24

Income statement to be submitted

25

Auditing

26

Appraisal by the insurer

27

Insurance fee must be paid before assuming the risk

28

Reinsurance to be provided

29

Requirement to retain a legal representative

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