Regulatory Alerts2016-02-25
Regulation on Investment of Assets Covering Technical and Mathematical Provisions and Charter Capital for Insurers
The Central Bank of the Republic of Kosovo mandates that all licensed insurers and foreign branches allocate their technical, mathematical, and charter capital assets into specified categories while adhering to strict diversification, liquidity, and credit rating requirements. The regulation establishes precise investment limits for each asset class, restricts non-admitted assets like related-party loans and deferred costs, and requires prior regulatory approval for cross-border investments and real estate holdings. Insurers must implement formal investment management committees, maintain written investment policies approved by their boards, and submit quarterly reports to ensure continuous compliance and safeguard policyholder interests.
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