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10-5-7

In the case of the use of the word "insurance" in a firm name, it should be noted that "Insurance Business" is defined in GLO as:

"The business of Effecting Contracts of Insurance or Carrying Out Contracts of Insurance, including effecting or carrying out contracts of reinsurance (as reinsurer)."

Derived from Notice of Updates (Made 14th July 2015). July 2015 Edition