Requirements for the development and pricing of life insurance products and investment-linked policy sub-funds.
Published Date: 01 March 2013
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.