2021-11-10

RF.S.5.1 Definition of Actuarial Surplus

The regulator issued regulation RF.S.5.1 to define actuarial surplus for statutory financial reporting. This standard, updated in October 2024 and maintained at version 22, establishes precise calculation methodologies and reporting thresholds for insurers. Adherence guarantees consistent liability valuation and accurate surplus distribution across regulated entities.

Namibia

Namibia Financial Institutions Supervisory Authority

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Create Date November 10, 2021

Last Updated October 22, 2024

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