Investment by International Financial Service Centre Insurance OfficeInternational Financial Services Centres Authority (Investment by International Financial Service Centre Insurance Office) Regulations, 2022
Investment by International Financial Service Centre Insurance OfficeInternational Financial Services Centres Authority (Investment by International Financial Service Centre Insurance Office) Regulations, 2022
Unit-linked insurance investments require marketable assets and segregated-fund exposure limits for entities, groups, and industry sectors. Regulation 9A requires every IIO to invest, and continuously maintain investment of, unit-linked business funds according to the investment pattern ... Summary
Unit-linked insurance investments require marketable assets and segregated-fund exposure limits for entities, groups, and industry sectors.
Regulation 9A requires every IIO to invest, and continuously maintain investment of, unit-linked business funds according to the investment pattern subscribed by policyholders. At the individual segregated-fund level, unit-linked business assets are subject to exposure ceilings for a single investee entity, the IIO's own group, any other single group, and a particular industrial sector. Specified limits for passive or index-based mutual funds and exchange-traded funds apply upon the earlier prescribed trigger.
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