CI-2.5.1

Past version: Effective from 19 Jul 2025 to 30 Jun 2007
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Captive insurers are expected to maintain books and records sufficient to produce financial statements and show a record of the business undertaken. Where this function is carried out by an insurance manager, the captive insurer should ensure that the BMA has access to these records at any time and these should be sufficient to allow an audit of the insurer's business or an on-site examination of the captive insurer by the BMA.

Rulebook Reference GR-1.1