Regulatory Alerts2026-07-10
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Interpretation Note on Review Mechanism for Illustration Rate Caps in Benefit Illustration for Participating Policies
The Insurance Authority issues this Interpretation Note to detail the ongoing review mechanism for illustration rate caps in participating policies. This document operationalizes the review process mandated by Section 4 of the Practice Note issued on 28 February 2025. The measure ensures regulatory requirements remain relevant and responsive to changing market conditions through a transparent and disciplined framework.
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