The Insurance Companies (Ratings and Inspections) Act 1994
Please note that the information in this form must be either typewritten or printed. It must not be handwritten.
(To be provided only if the insurer is a company registered under the Companies Act 1955 or the Companies Act 1993.)
The abovenamed insurer, not being a party, in its capacity as an insurer, to a contract for any form of disaster insurance or general insurance, hereby elects not to be rated under the Insurance Companies (Ratings and Inspections) Act 1994.
Note Section 9(3) of the Insurance Companies (Ratings and Inspections) Act 1994 provides that a notice of election not to be rated takes effect on the date specified in the notice or, if no date is specified, on the date on which the notice is registered. If a date is specified, it must not be a date that is earlier than the date on which the notice is delivered to the registrar for registration.
If the notice is to take effect on a specified date, please specify the date above.