


1 September 2026
Sets out the regulatory framework governing the financial soundness of insurance companies in GMC, covering capital adequacy, solvency, risk management, governance, and reporting requirements to protect policyholders.
The document sets out the Prudential – Insurance Business Rulebook for firms operating in the Gelephu Mindfulness City (GMC). Its purpose is to establish the regulatory framework governing the financial soundness of insurance companies.
It outlines requirements for capital adequacy, solvency, risk management, governance, and reporting, ensuring insurers maintain sufficient financial resources and effective controls to meet their obligations to policyholders.
Overall, the rulebook aims to promote the stability and integrity of the insurance sector by ensuring insurers operate in a safe, prudent, and well-regulated manner.