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Union of India - Section

Section 34 in Insurance Regulatory and Development Authority of India (Lloyd's India) Regulations, 2016

34. Renewal of certificate of registration to underwrite in Lloyd's India.

(a)The syndicates of Lloyd's India shall apply along-with the service companies to the Authority through Lloyd's India in the format given at Annexure "2".
(b)The procedure of renewal of certificate of registration of a syndicate of Lloyd's India, consideration of the application and conditions governing their conduct shall as specified in Regulations 31, 32 and 33 above.