To provide information on the  regulatory forbearance by the FSC  by allowing a relaxation of the statutory minimum of 250% for the MCT, thus reducing the amount of capital that the general insurance industry would need to hold for the purpose of meeting capital adequacy requirements.

Date of effect:

January 2017

Legal Code:

AR-ADV-17/01-0007

Type:

Insurance

Status:

Final

Add A Knowledge Base Question !

You will receive an email when your question will be answered.

+ = Verify Human or Spambot ?