OBS_VALUE: A foreign company intending to carry on a business in Australia is generally registered with ASIC. Registration is conditional on having at least one local agent.Additional Source: Guidelines on the Authorisation of General Insurers, December 2007 (https://www.apra.gov.au/sites/default/files/20151027GIAuthorisationGuidelines.pdf): Among the information requested for the application for the authorisation of a foreign insurer is the address of the head office, the address of the main office in Australia and an address for service in Australia as well as information on the proposed agent in Australia (Attachment D).