The Insurance Division of the FSB consists of three Departments:

Registration
This Department is responsible for authorising insurers to enter into, and exit from, the insurance Market Place in South Africa and to establish Policy With Regard to Insurance Business Matters. [Contacts and Documents]

Prudential
This Department is responsible for supervision of the financial soundness of registered insurers. [Contacts and Documents]

Compliance 
This Department is responsible for supervision of the conduct of registered Insurers in the South African Market place and towards their Policyholders and to act against unregistered insurers [Contacts and Documents]