... place in Abu Dhabi last week. In summary, agreement has been reached on the Common Framework that serves as an effective tool for consistent supervision of Internationally Active Insurance Groups (“IAIGs”), commencement of a five-year monitoring period for the Insurance Capital Standard that aims at...

... the base case to be included in its ORSA Report, a general business insurer, during the Initial Period, should use the regulatory balance sheet and regulatory capital requirements derived from the most recent Quantitative Impact Study (“QIS”), including updates and clarifications made prior to the...

... consideration that insurers may require time to update their documentation, controls and processes, a transitional period of 12 months from the Effective Date has been given to all authorized insurers in respect of the application of certain requirements of the Guideline, so that they may continue using the...

... Initial Period, should use the regulatory balance sheet and regulatory capital requirements derived from the most recent Quantitative Impact Study (“QIS”), including updates and clarifications made prior to the valuation date of the ORSA Report. The time-horizon for the base case should be consistent with...

... Initial Period, should use the regulatory balance sheet and regulatory capital requirements derived from the most recent Quantitative Impact Study (“QIS”), including updates and clarifications made prior to the valuation date of the ORSA Report. The time-horizon for the base case should be consistent with...

... consideration that insurers may require time to update their documentation, controls and processes, a transitional period of 12 months from the Effective Date has been given to all authorized insurers in respect of the application of certain requirements of the Guideline, so that they may continue using the...

... of the enhanced Investment-linked Long Term Insurance Examination under the Insurance Intermediaries Qualifying Examination (“IL CPD hours”) within the two-year transitional period (i.e. 1 March 2010 to 29 February 2012), can be qualified CPD activities under the IIQAS CPD Programme provided that the...

... additional modules of the enhanced Investment-linked Long Term Insurance Examination under the Insurance Intermediaries Qualifying Examination (“IL CPD hours”) within the two-year transitional period (i.e. 1 March 2010 to 29 February 2012), can be qualified CPD activities under the IIQAS CPD Programme...

... dedicated towards the additional modules of the enhanced Investment-linked Long Term Insurance Examination under the Insurance Intermediaries Qualifying Examination (“IL CPD hours”) within the two-year transitional period (i.e. 1 March 2010 to 29 February 2012), can be qualified CPD activities under the...

... towards the additional modules of the enhanced Investment-linked Long Term Insurance Examination under the Insurance Intermediaries Qualifying Examination (“IL CPD hours”) within the two-year transitional period (i.e. 1 March 2010 to 29 February 2012), can be qualified CPD activities under the IIQAS CPD...