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- Original (As enacted)
Insurance Companies Act 1982 (repealed) is up to date with all changes known to be in force on or before 21 December 2024. There are changes that may be brought into force at a future date.
Revised legislation carried on this site may not be fully up to date. Changes and effects are recorded by our editorial team in lists which can be found in the ‘Changes to Legislation’ area. Where those effects have yet to be applied to the text of the legislation by the editorial team they are also listed alongside the affected provisions when you open the content using the Table of Contents below.
Commencement Orders bringing legislation that affects this Act into force:
Part I Restriction on Carrying on Insurance Business
Part II Regulation of Insurance Companies
18. Periodic actuarial investigation of company with long term business.
19. Appointment of actuary by company with long term business.
20. Annual statements by company with prescribed class of insurance business.
23. Right of shareholders and policy holders to receive copies of deposited documents.
25. Periodic statements by company with prescribed class of business.
26. Statements of transactions of prescribed class or description.
43. Acceleration of information required by accounting provisions.
44. Power to obtain information and require production of documents.
45. Residual power to impose requirements for protection of policy holders.
46. Notice of proposed exercise of powers on ground of unfitness of certain persons.
48. Power of Secretary of State to bring civil proceedings on behalf of insurance company.
Changes of director, controller or manager etc.
60. Approval of proposed managing director or chief executive of insurance company.
61. Approval of person proposing to become controller of insurance company where section 60 does not apply.
61A. Approval of acquisition of notifiable holding in UK company.
61B. Further provisions with respect to controllers of UK companies.
62. Duty to notify change of director, controller or manager.
63. Change of manager etc. of company from outside United Kingdom.
Part III Conduct of Insurance Business
72A. Information for policy holders of UK insurers and EC companies.
73.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
75. Statutory notice by insurer in relation to long term policy.
76. Right to withdraw from transaction in respect of long term policy.
79.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
PART IIIA RECOGNITION IN ACCORDANCE WITH INSURANCE DIRECTIVES
SCHEDULES
CRITERIA OF SOUND AND PRUDENT MANAGEMENT
Business to be conducted in a sound and prudent manner
5.The insurance company conducts its business in a sound and...
6.(1) The insurance company shall not be regarded as conducting...
7.The insurance company shall not be regarded as conducting its...
8.The insurance company shall not be regarded as conducting its...
9.The insurance company shall not be regarded as conducting its...
FURTHER PROVISIONS WITH RESPECT TO CONTROLLERS OF UK COMPANIES
INFORMATION FOR POLICY HOLDERS OF UK INSURERS AND EC COMPANIES
RECOGNITION IN THE UNITED KINGDOM OF EC AND EFTA COMPANIES
PART I EC COMPANIES CARRYING ON BUSINESS ETC. IN THE UNITED KINGDOM
PART II EFTA COMPANIES PROVIDING INSURANCE IN UNITED KINGDOM
PART III EFTA COMPANIES PROVIDING INSURANCE THROUGH ESTABLISHMENTS IN THE UNITED KINGDOM
Law applicable to certain contracts of insurance
Saving and Transitional Provisions
Saving for requirements, directions and powers under the Companies Act 1967
Adjustments of established surplus for purposes of section 30(1) above
Saving for requirements under section 29 of the Insurance Companies Act 1974
Postponement of effect of sections 37(3) and 38(3) above in respect of long term business
Deposits made with Accountant General before 1st January 1982
Continuation of business where contract made before 1st January 1982
Applications for approval of transfer made before 1st January 1982
Transitional provisions relating to sections 9(7), 71(3), 81(2) and 88(2) of this Act
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The Children and Young Persons Act (Northern Ireland) Act 1968
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