Regulatory Alerts2020-12-03 | 24125The Insurance (Approved Securities) Regulations, 2020
The Insurance Regulatory Authority issued these regulations to establish a formal list of financial instruments eligible for insurance investment. Insurers must now allocate their capital exclusively to securities that meet the newly defined eligibility criteria, valuation benchmarks, and risk parameters. The framework additionally requires periodic compliance reporting to ensure ongoing adherence and protect policyholder interests.
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