IFSCA on 30 May, 2024 has issued a Frequently Asked Questions (FAQs) on IFSC Insurance Office. These regulations aim to put in place the process of registration and operations of insurer and reinsurer in an IFSC under regulatory purview of the IFSCA Act.
The accompanying guidelines to the regulations are issued to deal with more granular details of day-to day operational matters and other compliance aspects like reporting formats and periodicity, fee structure etc.