Regulatory Alerts2017-08-25 | 23910Reinsurance Arrangements (Life Insurance) 2015
The Insurance Sector has issued the Reinsurance Arrangements (Life Insurance) 2015 framework to standardize risk transfer mechanisms for life insurers. The directive mandates that licensed companies maintain compliant reinsurance contracts, ensuring adequate capital retention and risk mitigation. Compliance with these updated arrangements is required to safeguard policyholder interests and maintain systemic stability within the domestic insurance market.
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