... Findings: No rationale for not reporting internal STRs to the JFIU No full record of all STRs made to the JFIU was kept Recommendations:  Keep proper records of MLROs’ deliberations & actions taken to demonstrate they have acted in reasonable manner  Establish and maintain a record of all STRs made to...

... is incumbent on the senior management of general insurers to resist the tendency, or temptation, to price policies without full regard to the “burning cost” or claims cost, particularly when under pressure to expand market share. The Office of the Commissioner of Insurance has no intention, nor is it...

... is incumbent on the senior management of general insurers to resist the tendency, or temptation, to price policies without full regard to the “burning cost” or claims cost, particularly when under pressure to expand market share. The Office of the Commissioner of Insurance has no intention, nor is it...

... is incumbent on the senior management of general insurers to resist the tendency, or temptation, to price policies without full regard to the “burning cost” or claims cost, particularly when under pressure to expand market share. The Office of the Commissioner of Insurance has no intention, nor is it...

... is incumbent on the senior management of general insurers to resist the tendency, or temptation, to price policies without full regard to the “burning cost” or claims cost, particularly when under pressure to expand market share. The Office of the Commissioner of Insurance has no intention, nor is it...

... sustainable finance. A set of recommendations were published by the Task Force on Climate-related Financial Disclosures (TCFD) under the Financial Stability Board in 2017 for use by companies to provide better risk disclosure to support informed decision-making. Without prejudging the results of COP26...

... Market Conduct (Acting) CONDUCT IN FOCUS 3 Complaint Statistics 23rd September 2019 to 22nd September 2020 The IA received 1,571 complaints during the period from 23 September 2019 to 22 September 2020, being the first full year following the new regulatory regime for licensed insurance intermediaries...