The Financial Services Authority says it's taken the views of the insurance industry into account as new regulations come into force this week.
The Insurance (Fees and Solvency) (Amendment) Regulations came into effect on Monday after a consultation within the industry.
The FSA says it wants to ensure its framework is up to date and it complies with international standards.
It adds information and guidance can be found by clicking here.
Information Commissioner partners with Jersey
New parental leave laws approved
Gambling regulator publishes feedback about proposed law changes
Manx flour to be stocked in Spar stores
Countdown starts to one of the Island's biggest career fairs
Plans for new health and wellness clinic
Island brings in sanctions to target Southeast Asian crime network