effective  inspections.  At  the  moment,  the  Labour  Department  has  staff  in  the  field  that  inspects   violations  of  labour  laws  and  other  international  conventions.   5.4   Insurance  Law   5.4.1   Lobby  Parliament  to  Review  Bill   The   Insurance   Bill   was   passed   into   an   Act   of   Parliament   (Act   724)   in   2006   and   was   granted   Presidential   Accent   on   31st   December,   2006.   It   is   reported   to   have   increased   the   capital   requirement  for  both  insurance  companies  and  brokers.   The  law  has  introduced  some  provisions  such  as:   • All  public  buildings  would  have  to  be  insured   • Insurance  companies  operating  both  life  and  non-­‐life  policies  must  be  separated  into   two   different   companies:   life   insurance   and   non-­‐life   insurance   companies-­‐with   different  boards  of  directors.  This  has  been  effected.   • All   existing   companies   both   insurance   and   brokers   must   reregister   at   the   National   Insurance  Commission.   The  Act  did  not  cover  residential  properties.   5.4.2   Educate  Public,  Business  Community  and  Insurance  Institutions  on  New  Law   The   National   Insurance   Commission   (NIC)   has   embarked   on   educating   insurance   institutions,   business   community   and   the   public   on   the   details   and   requirements   of   the   law.   The   workshops   organised   targeted   the   insurance   companies,   the   Police   Service   and   Judges   as   well   as   the   general  public.         90    

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