CI-3.2.2

Past version: Effective from 02 Sep 2025 to 30 Jun 2007
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The BMA expects the insurance manager to consider the requirements of the Code in relation to the service provided, on behalf of the captive, to its "clients", namely insured members of the group. In most situations, for captives, the BMA would expect however that the requirements of the Code could be met by putting in place a simple protocol between the captive and the insured members of the group.