The Regina chain I always fitted came in a red box which was marked C121HCS ...... ( 3/8" x 1/4" x102 links ) ........ and came with a spring clip connecting link ......
The IWIS version is marked G67WZ apparently , although I have never used that .......
From the info I can source on the web , there was once upon a time a batch of Regina C121HCS which were badly manufactured , being on the short side ........ and if fitted were very tight with no slack .........
I was going to suggest refitting the original chain , and rechecking the tension again , bearing in mind these chains can seem to be a tight fit anyway ...... but I see Bob has mentioned that this Regina he removed had a riveted connector link , not spring clip ..... but depending on how it was removed , may not be such an easy option now .
Does the replacement IWIS chain conform to G67WZ ? ........ or for that matter appear to be very similar , if not identical ..... ( which it will need to be ) ...... to the chain it`s intended to replace ?