BR-1.1.18

Past version: Effective from 19 Jul 2025 to 30 Jun 2007
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The insurance firm must annex to the Insurance Firm Return, an actuary's certification, in the format prescribed by the BMA, signed by the actuary, stating that, in his opinion, he has satisfied himself as to the accuracy of the valuations made for the purposes of the investigation and as to their adequacy to meet the obligations of the insurance firm and made in accordance with the relevant law. In addition, the actuary will have obtained from the insurance firm's external auditors confirmation as to the accuracy of the data used in the valuations made.