Regulatory Alerts2017-08-25 | 23958Added · Updated
Further Guidance on Proposed Capital Adequacy Framework QIS (updated October 17 2008)
The Central Bank of Trinidad and Tobago issued further guidance for all insurance companies regarding the Quantitative Impact Study (QIS) for the proposed Capital Adequacy Framework. It encourages companies to contribute Loss Reserves data to establish industry benchmarks. Insurance companies must submit their QIS reports, including comments and proposals for the framework's finalization, by December 15, 2008. Queries related to QIS preparation submitted by October 30 will receive responses by November 15, 2008.