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What are the key achievements of SECP Insurance Division for the year 2010?

by Guest22797240  |  1 year, 3 month(s) ago

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My friend wants to know the key achievements of SECP Insurance Division for the year 2010?

 Tags: 2010, achievements, division, insurance, key, SECP

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  1. Guest22797241
    Following are the key achievements of the Insurance Division for the year 2010: Transfer of Rule Making Powers to the Commission On-site Inspections of Insurance Companies. Issued Guidelines for Life Insurance and Family Takaful Illustrations. Issued Guidelines for Bancassurance. Implementation of IFRS-4 on Annual Financial Statements. Collection of Annual Supervision Fee. Compliance with Anti-Money Laundering Act, 2010. Development of Guide Publications. Review and amendments in the minimum solvency requirements.

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