PIN 4.7.1

An Insurer that becomes aware that it does not comply with the requirements in this Chapter:

(a) must immediately notify the Regulator in writing;
(b) must not effect any Contracts of Insurance until the Regulator has given it written permission to recommence business; and
(c) must not make any distribution of profits or surplus however called or described, or return of capital, without the written permission of the Regulator.