Question

How often must insurers file changes to their underwriting policy with the Authority, as per the Life Insurance and General Insurance Reinsurance Regulations?

a.

Once every financial year.

b.

Once every two financial years.

c.

Anytime during the financial year.

d.

As and when a change in underwriting policy is made.

Answer: (d).As and when a change in underwriting policy is made. Explanation:Insurers must file any changes to the note on their underwriting policy with the Authority as and when a change in underwriting policy is made.

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Q. How often must insurers file changes to their underwriting policy with the Authority, as per the Life Insurance and General Insurance Reinsurance Regulations?

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