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CIC GENERAL INSURANCE UGANDA LIMITEDWe keep our wordAHA Building, Plot 7 Lourdel Road Nakasero Tel: 0392 175 046 www.cic.co.kePOLITICAL VIOLENCE, TERRORISM AND SABOTAGE APPLICATION 1. a) Applicant
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Insurance companies that are perpetually licensed have obtained licenses to operate indefinitely without the need for regular renewal, provided they comply with ongoing regulatory requirements.
Insurance companies that hold a perpetual license are required to file necessary documentation with regulatory authorities to maintain compliance and operational status.
To fill out documentation for perpetually licensed insurance companies, required forms must be completed accurately with relevant financial and operational information, submitted to the appropriate regulatory body.
The purpose of perpetually licensed insurance companies is to provide long-term insurance coverage and assurance to policyholders while ensuring stability and compliance in the insurance market.
Insurance companies- perpetually licensed must report financial statements, operational metrics, compliance updates, and any significant changes to their business structure or practices.
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