• Obligation to Appoint an Actuary for General Insurance Business

    • AA-4.1.4

      An insurance firm that carries on general insurance business must commission an actuarial opinion, once every two years, from a Registered Actuary or Signing Actuary. The actuary must satisfy the criteria in Paragraphs AA-4.2.1 to AA-4.2.12.

      Amended: April 2014
      Amended: October 2007

    • AA-4.1.5

      The Board of the insurance firm carrying out long-term insurance business must commission annually an FCR and an insurance firm carrying out general insurance business must commission an FCR once every two years. A copy of this report must be provided to the CBB.

      Amended: April 2014
      Amended: October 2007
      Amended: January 2007

    • AA-4.1.6

      [This Paragraph was deleted in April 2014.]

      Deleted: April 2014
      Amended: October 2007
      Amended: January 2007

    • AA-4.1.7

      [This Paragraph was deleted in April 2014.]

      Deleted: April 2014
      Adopted: January 2007