Regulatory Alerts2017-08-25 | 29503Added · Updated
Availability of Parallel Run 2 Information
The Central Bank of Trinidad and Tobago makes available information for Parallel Run 2 of the Valuation of Long Term Insurance Business, Risk Based Capital Requirements, and Non-Life Outstanding Claims Reserves. The document details amendments to the Draft Insurance (Capital Adequacy) Regulations, including reduced risk factors for foreign currency mismatches and mortgages for undeveloped land, and clarifies transition provisions. Insurance companies, appointed actuaries, and related entities must submit 2010 financial year-end data by June 30, 2011.
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