The existing licensed composite insurance companies shall comply with the following:

1. Have of technical and administrative staff on an ongoing basis, fully independent for each type.
    
2. Preparation of lists of all key personnel in each of the two insurance types along with a detailed statement of their qualifications and experience, including complete separation between their respective work, duties, responsibilities and terms of reference.
    
3. Provide separate financial statements showing the existence of separate bank accounts for each type.
    
4. Provide statements showing the insurance classes of each type separately.
    
5. Any statements, requirements, supporting papers or other information required by the Director General of the Authority.