Regulatory Alerts2023-06-14
Added · Updated
Regulation No. 68/2023 of 14 June 2023 Governing the Investment of Insurers and Reinsurers
The National Bank of Rwanda issued Regulation No. 68/2023 to establish comprehensive investment guidelines, exposure limits, and governance standards for insurers and reinsurers. The regulation mandates asset-liability matching, prudent investment practices, and detailed investment policies covering portfolio diversification, risk appetite, and concentration limits. It further requires robust governance structures, including board-approved strategies, internal risk management, derivative approvals, and periodic reporting to safeguard policyholders' funds.