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Cook Islands:

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Insurance Act 2008

The Cook Islands Parliament has passed the Insurance Act 2008. It is expected that this Act will be proclaimed to come into effect on 1 January 2009.

This Act will:

  • Regulate providers of domestic insurance in the Cook Islands;
  • Regulate agents and brokers operating in the Cook Islands;
  • Update the current supervisory regime for off-shore insurers.
The Act will be underpinned by Regulations and an Insurance Code.