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REQUEST FOR PROPOSALS (RFP) Conversion of the LICE Fiji branches to a Wholly Owned subsidiary of LIC of India Life Insurance Corporation of India, Fiji Operations (hereinafter referred to as “LICE
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The conversion of form LICI refers to the process of changing the status or structure of a life insurance company into a different type, typically involving regulatory and compliance aspects.
Life insurance companies seeking to change their business structure or regulatory status are required to file conversion of form LICI.
To fill out the conversion of form LICI, a company must provide details regarding its current structure, the proposed changes, and any supporting documentation as required by regulatory authorities.
The purpose of conversion of form LICI is to formalize the process by which a life insurance company modifies its corporate structure or operations in compliance with regulatory standards.
Information that must be reported on conversion of form LICI includes the company's current status, proposed changes, reasons for the conversion, and any regulatory approvals received.
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