Appointed actuary definitions align insurance office governance and actuarial standards with statutory meanings across the financial services framework. Definitions identify the appointed actuary, Authority, board, and International Financial Service Centre Insurance Office. The board includes an IIO's ... Summary
International Financial Services Centres Authority Act, 2019
International Financial Services Centres Authority (Assets, Liabilities, and Solvency Margin of General, Health and Re-Insurance Business) Regulations, 2023
International Financial Services Centres Authority (Assets, Liabilities, Solvency Margin and Abstract of Actuarial Report for Life Insurance Business)...
Appointed actuary definitions align insurance office governance and actuarial standards with statutory meanings across the financial services framework.
Definitions identify the appointed actuary, Authority, board, and International Financial Service Centre Insurance Office. The board includes an IIO's board of directors and, for an unincorporated IIO, its parent entity's board. Professional standards encompass standards of practice specified by the International Standards of Actuarial Practice, European Standards of Actuarial Practice, or the International Actuarial Association. Undefined terms carry meanings assigned under the governing Act and related statutory instruments.
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