2021-04-15 | 29712

Proposed Format of the Appointed Actuary’s Report for Long-term Insurance Business

The Insurance Sector regulator has issued a proposed standardized format for the Appointed Actuary’s Report covering long-term insurance business. The updated framework requires actuaries to adopt a unified structure that standardizes the presentation of financial data, risk assessments, and key actuarial assumptions. Implementation of this reporting template will streamline regulatory compliance and enhance transparency for policyholders and market participants.

Trinidad and Tobago

Central Bank of Trinidad and Tobago

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Insurance Sector Proposed Format of the Appointed Actuary’s Report for Long-term Insurance Business Share