Investment-grade rating requirement confines insurance office investments to eligible assets, subject to permitted regulatory exceptions. International Financial Service Centre Insurance Office investments must be confined to assets rated Investment Grade under the Insurance Capital ... Summary
Investment-grade rating requirement confines insurance office investments to eligible assets, subject to permitted regulatory exceptions.
International Financial Service Centre Insurance Office investments must be confined to assets rated Investment Grade under the Insurance Capital Standards-Rating Categories by international rating agencies recognised by the International Association of Insurance Supervisors. The requirement also applies for the purposes of specified registration-of-insurance-business provisions, subject to any contrary specification by the Authority.
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