Notices
Last Revised Date: 16 November 2020

Notice 320 Management of Participating Life Insurance Business

Requirements for insurers to put in place internal governance policy, governance and controls related to allocation of charges and expenses, and disclosures related to the management of participating life insurance business. 

This notice applies to all direct insurers licensed to carry on life business. It sets out the requirements for putting in place internal governance policy, governance and controls related to allocation of charges and expenses, and disclosures related to the management of participating life insurance business.

Amendment Notes

16 Nov 2020
Notice 320 (Amendment) 2020 (752.8 KB)takes effect from 1 Jan 2021.

29 Jun 2018
Notice 320 (Amendment) 2018 (298.9 KB)takes effect from 2 Jul 2018.