IFSCA has released a Consultation Paper on proposed IFSCA (Registration and Operations of Mutual Insurer
and Protection & Indemnity Club) Regulations, 2026 with the objective to seek comments from the public
and stakeholders on the proposal to establish a comprehensive framework for the registration, regulation,
and operation of Mutual Insurers and Protection & Indemnity (P&I) Clubs in the IFSC through the proposed
IFSCA (Registration and Operations of Mutual Insurer and Protection & Indemnity Club) Regulations, 2026.
Comments and suggestions may be submitted to IFSCA on or before July 12, 2026.
This move is intended to align the IFSC with international best practices, attract foreign mutual insurers,
mutual re-insurers and P&I Clubs, and provide a robust legal structure for the underwriting of mutual
insurance and marine protection and indemnity risks from the IFSC.
For details: CLICK HERE
