2023-10-02 | 29767

Consultation on Draft Insurance (Policy Liability) Regulations, AA Guidelines and FCR Amendment Regulations

The Insurance Sector regulator has published a consultation proposing new Policy Liability Regulations, updated Authorised Actuary (AA) Guidelines, and amendments to the Financial Condition and Risk (FCR) framework. These measures establish clearer liability standards for policyholders, refine actuarial oversight requirements, and align capital adequacy rules with current risk assessment practices. Insurers and authorised actuaries must review the draft instruments to ensure compliance ahead of the final implementation timeline.

Trinidad and Tobago

Central Bank of Trinidad and Tobago

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Insurance Sector Consultation on Draft Insurance (Policy Liability) Regulations, Draft Guidelines for AA and draft Insurance (FCR) Amendment Regulations Share