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Article 4

For the purpose of enforcing the provisions of this Law, insurance operations shall be divided into the following classes:

1. Life insurance.
2. Savings and fund accumulation insurance.
3. Fire insurance and the customary types of insurance normally attached thereto.
4. Insurance against the hazards of land, river, sea and air transport including insurance covers for ship hulls, aircraft, their engines and supplies.
5. Insurance against accidents and liabilities including insurance against damages arising from all accidents including motor accidents, industrial accidents, personal accidents, accidents arising from breach of trust and all damages arising from civil liability.
6. Motor insurance.
7. Reinsurance operations.
8. Other insurances.