Regulatory Alerts2016-02-25
Added · Updated
Regulation on Insurance Actuaries
The Central Bank of the Republic of Kosovo issued this regulation to establish the licensing, conduct, and oversight requirements for insurance actuaries operating in Kosovo. It mandates that actuaries meet strict fit-and-proper criteria, maintain professional indemnity insurance, and submit detailed actuarial reports on technical provisions for both non-life and life insurance lines. The Central Bank retains the authority to approve, suspend, or withdraw actuarial approvals and requires the public disclosure of actuarial opinions to ensure market transparency and solvency.
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