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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