Regulatory Alerts2020-07-14
PA Communication 3 of 2020 - Non-Life Underwriting Risk Capital Requirements
The Prudential Authority issued this consultation template to gather stakeholder feedback on Guidance Note FSI 4.3, which establishes the prudential capital requirements for non-life underwriting risk. Regulated entities and industry participants must submit structured comments addressing specific paragraph references by the 10 August 2020 deadline. The Authority will use these submissions to refine the risk capital framework before finalizing the regulatory standards for non-life insurers.
1 Comments template: Guidance Note: FSI 4.3 – Non-life underwriting risk capital requirements GUIDANCE NOTE FSI 4.3 – NON-LIFE UNDERWRITING RISK CAPITAL REQUIREMENTS Comments must be sent to: Marzanne.Kirsten@resbank.co.za DUE DATE: 10 August 2020 Name of Organisation Contact Person Contact’s email Contact’s phone number Paragraph reference Comment Drafter’s response (for use of the Prudential Authority)