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Short-Term Insurance Act, 1998 (Act No. 53 of 1998)

Prescribed requirements for the calculation of the value of the assets, liabilities and capital adequacy requirement of short-term insurers

 

Board Notice 27 of 2010

 

Financial Services Board

 

I, Dube Phineas Tshidi, Authority of Short-term Insurance, hereby prescribe, under paragraph 2 of Part I of Schedule 2 of the Short-term Insurance Act, 1998 (Act No. 53 of 1998), the requirements for the calculation of the value of the assets, liabilities and capital adequacy requirement of short-term insurers, as set out in the Schedule hereto.

 

This Board Notice will come into effect on 28 February 2010.

 

 

 

DP TSHIDI,

Authority of Short-term Insurance

 

 


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