REPORTING REQUIREMENTSInternational Financial Services Centres Authority (Assets, Liabilities, and Solvency Margin of General, Health and Re-Insurance Business) Regulations, 2023
REPORTING REQUIREMENTSInternational Financial Services Centres Authority (Assets, Liabilities, and Solvency Margin of General, Health and Re-Insurance Business) Regulations, 2023
Regulation 5 - An IIO shall prepare and submit to the Authority the following statements...
International Financial Services Centres Authority (Assets, Liabilities, and Solvency Margin of General, Health and Re-Insurance Business) Regulations, 2023 Chapter II REPORTING REQUIREMENTS
Contents
Rules & Regulations
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Solvency reporting requires IIOs to submit prescribed asset, liability and margin statements with actuarial certifications at specified intervals. International Insurance Offices must submit prescribed statements of admissible assets, liabilities and solvency margin in the applicable forms and at the ... Summary
International Financial Services Centres Authority (Assets, Liabilities, and Solvency Margin of General, Health and Re-Insurance Business) Regulations, 2023
Solvency reporting requires IIOs to submit prescribed asset, liability and margin statements with actuarial certifications at specified intervals.
International Insurance Offices must submit prescribed statements of admissible assets, liabilities and solvency margin in the applicable forms and at the specified periodicity. They must also file an Annual Actuarial Report, valuation of assets and liabilities, and a solvency-margin computation certified by the Appointed Actuary. Additional reports may be required. These obligations apply even where capital is maintained under home-country regulations.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.