14 March 2012
Insurance Industry Round Table Discussion - 2012
Solvency Assessment and Management (SAM) is a new risk-based solvency regime for both long-term (life) and short-term (non-life) insurers and reinsurers, to be in line with international standards, based on Solvency II.
The target for the implementation of SAM is January 2014. SAM's Overarching principle is that the recommendations arising from the SAM project should meet the requirements of a 3rd country equivalence under Solvency II, while being appropriately adapted to take account of local circumstances. SAM has the same common principles and features as Solvency II, and its Primary purpose is the protection of policyholders by:-
11 March 2011
Insurance Industry Round Table Discussion
Nkonki hosted a successful CEO Roundtable, Friday, 11 March 2011. The guest speaker at the Insurance Industry Round Table Discussion was Mr Jonathan Dixon, the Deputy Executive Officer: Insurance at the Financial Services Board (FSB).
Dixon’s presentation revealed a picture of a regulator that is evolving from a compliance focused approach to regulation to a risk-based one.
1 March 2011
Insurance Regulatory Framework to Encourage Market Penetration in Lower Income Segments
