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