Skip to main content

Article (3) Classes of Insurance

IA-BOD-RES 2/2009 Effective from 31/1/2010
  1. Direct insurance operations as provided for in the Law shall be divided into three:
     
    1. Insurance of persons and funds accumulation operations
    2. Properly insurance
    3. Liability insurance
       
  2. Insurance operations shall include the relevant activities of the categories provided for in paragraph (1) of the Article herein and shall include as well reinsurance operations and all the professions associated with the insurance which in their respect the Board had issued regulations, directives or special resolutions.