AA-4.2.11
Past version: Effective from 01 Jul 2007 to 30 Sep 2007
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In accordance with Article 73 of the CBB Law, the evaluation should include:
(a) A valuation of the liabilities of the insurer attributable to its long-term business ;
(b) The establishment of the surplus, if any, on any long-term insurance funds that it is proposed be transferred to shareholders' funds and available for distribution; and
(c) The establishment of the deficit, if any, on any long-term insurance funds established by the insurer.
Amended: January 2007