NettetThe Insurance Authority (“IA”) is an insurance regulator independent of the Government and the insurance industry. The principal function of the IA is to regulate and supervise … NettetThe Insurance Ordinance (Cap. 41) (“the Ordinance”) Commencing from the financial year ending on or after 31 December 2003, insurers authorized to carry on long term …

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NettetCapital redemption business, which is business written for a premium in exchange for a payment of an annuity over a period of, say, 99 years, is also long-term non-life business. However, for taxation purposes, only capital redemption business written before 1 January 1938 is treated as non-life assurance business. Nettetfor 1 dag siden · The long-term insurance industry is awash with misinformation and as such, it is placed at the bottom of the list of priorities for an average Kenyan with competing financial needs. It is probably ... ezel 33 rész

Quarterly Release of Provisional Statistics for Long Term Business - ia

NettetWith the exception of professional reinsurer, the Insurance Authority does not issue any composite licence. An insurer, other than professional reinsurer, is authorized to carry … NettetSenior Manager at Insurance Authority of Hong Kong Hong Kong SAR. 89 followers 88 connections. Join to view profile ... Back Submit. Experience Senior Manager (Long … NettetANNEX II - SECTOR-SPECIFIC GUIDANCE NOTES FOR LONG-TERM INSURANCE BUSINESS Introduction II.1 This annex sets forth guidance on AML/ATF obligations under the Acts and Regulations of Bermuda that are specific to long-term insurance business. II.2 Under Regulation 2(2)(c) and (d) of the Proceeds of Crime (Anti-Money Laundering … hiba bukhari boyfriend