Regulatory Alerts2020-11-27 | 29671Consultation on Reinsurance Risk Governance Guideline
The Insurance Sector has issued a consultation on its Reinsurance Risk Governance Guideline, which mandates insurers to implement comprehensive risk governance frameworks for managing reinsurance exposures. The updated requirements establish clear policies, robust monitoring mechanisms, and effective oversight structures for all reinsurance arrangements. Industry stakeholders are invited to submit targeted feedback by the consultation deadline to finalize these updated governance expectations.
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