The Island's financial regulator says it's made a number of changes to regulations for insurance companies - to make sure they stay competitive.
The Financial Services Authority says the changes have been aimed at captive insurers and insurance special purpose vehicles.
Updated regulations will support fast-track authorisations and regulatory sandboxing for the industry.
The new rules came into effect on Monday, June 30.
Island firm named Trust Company of the Year for UAE
An Island-based firm has been named Trust Company of the Year in the United Arab Emirates.
Businesses invited to Southern Agricultural Show
Would your business like to be part of one of the Island's biggest annual events?
New gym being launched in historic church
A new gym has offered a sneak peek inside the church where it's setting up shop.
Construction careers fair next month
An event in Braddan next month will showcase opportunities in the Island's construction sector.
Regulator asks businesses for info to fight financial crime
The Gambling Supervision Commission's calling on businesses to give information which helps fight money laundering and terrorist financing.
Chamber of Commerce wants members for election task force
The Island's chamber of Commerce is asking its members to sign up for an election task force to shape government policy.
Bank deposits rose over past year
The amount of money deposited in Island banks has risen over the past year, according to the Financial Service Authority's latest statistics.
Innovation and Investment forum expands to Island
A new innovation and investment network is being launched in the Island.
