Last Revised Date: 10 January 2024

Guidelines on ​Risk Management Practices for Insurance Business - Core Activities

Guidelines on sound practices in carrying out insurance business and principles relating to risk management framework.

These guidelines apply to all insurers.

They set out:

  • Sound practices in carrying out insurance business, covering core activities such as product development, pricing, underwriting, claims handling and reinsurance management.
  • Principles that should be embedded in a risk management framework.

Amendment Notes

10 Jan 2024
Previous version dated 1 Mar 2013 (94.9 KB) takes effect. (Cancelled with effect from 10 Jan 2024)