Informs all licensed insurers on consequential amendments arising from amendments to Insurance (Valuation and Capital) Regulations 2004
Notice DIPOP-N02 on Policy Owners' Protection Scheme Returns
Requirements on the submission of Policy Owners' Protection (PPF) Scheme returns by PPF Scheme members.
This notice applies to all direct insurers carrying on life or general insurance business and are PPF Scheme Members.
It sets out the reporting format on:
- Amount of protected liabilities, coupon deposits, advance premium payment and unclaimed monies for life business.
- Amount of gross premiums written and protected liabilities by specified lines for general business.