Regulatory Alerts2009-02-04 | 24096Added · Updated
Insurance (Admissible Assets and Valuation of Assets) (Amendment) Regulations, 2009
These Regulations amend the Insurance (Admissible Assets and Valuation of Assets) Regulations by inserting a definition of "insurance company" into Regulation 2 and deleting the word "general" from subregulation (2). The Schedule is also amended to change the reference in the First Column from "5(1), (2)" to "5(3)" and to replace the phrase "within twelve months of" with "on", while removing the parenthetical text regarding debts becoming due. These changes apply to insurance companies carrying on ordinary long-term insurance business or any other class of insurance business in Trinidad and Tobago.
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