—(1) A person who desires to carry on insurance business in Singapore as an insurer shall —
apply in writing to the Authority for registration under this section; and
furnish such information as the Authority may require.
(2) Upon receiving an application under subsection (1), the Authority shall consider the application and may, subject to section 9, register the applicant with or without conditions or refuse to register the applicant.
(3) The Authority may register the applicant as a direct insurer, reinsurer or captive insurer.
(4) The Authority shall cause notice of any registration or change of name of a Singapore insurer to be published in the Gazette.