Regulatory Alerts2017-08-25 | 29481Parallel Run 2 of Actuarial Valuation, Capital Adequacy and Outstanding Claims for Insurers
The Insurance Sector regulatory authority mandates a parallel implementation period for revised actuarial valuation, capital adequacy, and outstanding claims standards. Insurers must simultaneously apply both legacy and new regulatory frameworks during this transition to ensure uninterrupted compliance. This dual-application process minimizes operational disruption while guaranteeing accurate risk measurement and financial resilience ahead of full adoption.
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