2017-08-25 | 23903

Reinsurance Arrangements (General Insurance)

The Insurance Sector regulatory authority establishes binding requirements for general insurance companies regarding their reinsurance arrangements. These rules mandate effective risk transfer, precise capital adequacy calculations, and standardized reporting of ceded risks to maintain solvency. Compliance is enforced through periodic regulatory assessments, ensuring insurers preserve sufficient reserves and protect policyholder interests.

Trinidad and Tobago

Central Bank of Trinidad and Tobago

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