Act 1995
保険業法 (Insurance Business Act, Act No. 105 of 1995)
Issued by Financial Services Agency
Plain-English summary
Art. 1 states the aim of protecting policyholders by ensuring that insurance businesses are run soundly and appropriately and that solicitation is fair. Art. 3(1) allows only a person holding a licence from the Prime Minister to carry on insurance business. The Act also covers insurance holding companies (Art. 271-18 onwards).
Who it applies to
Insurance
Topics
Prudential & Capital Insurance & Pensions
Obligations arising from this law or regulation
| Obligation | Timing | Regulator | Source | Detail |
|---|---|---|---|---|
| Insurance business licence | Before carrying on insurance business | FSA | source | |
Art. 3(1) of the Insurance Business Act allows only a person holding a licence from the Prime Minister to carry on insurance business. The FSA exercises the licensing and later supervisory powers, such as report orders (Art. 128) and business suspension and improvement orders (Art. 132), as shown in its October 2026 action against Prudential Life. |
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| No obligations match these filters. | ||||
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