Authority issues updated insurance sector guidance notes and information
The Isle of Man Financial Services Authority has issued ‘Guidance Notes and Information Concerning the Insurance Regulations 2025 and the Corporate Governance Code of Practice for Insurers 2021’, which came into effect on Tuesday 22 July 2025 and can be found on our website.
The document updates and replaces the ‘Guidance Notes and Information Concerning Various Insurance Regulations and the CGC’, which have now been removed from our website.
The updates take account of changes introduced in the Insurance Regulations 2025, which came into effect on 30 June 2025.
The Authority anticipates making further updates to its guidance notes and information over time as it continues its collaboration with the insurance sector in areas such as fast-track authorisations, insurance special purpose vehicles and captive insurance.
The current and potential future updates will help the Authority be proportionate and adaptable in the delivery of its remit in a competitive international insurance business environment.