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EXPLANATORY DOCUMENT SUPPORTING CONSULTATION …

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Page 1 of 90 EXPLANATORY DOCUMENT SUPPORTING CONSULTATION amendment OF THE regulations UNDER THE LONG-TERM INSURANCE ACT, 1998 AND SHORT-TERM INSURANCE ACT, 1998 December 2016 Page 2 of 90 Contents PART I: INTRODUCTION ........................................ ........................................ ................................... 3 1. BACKGROUND ........................................ ........................................ ........................................ 3 2. INSURANCE REGULATORY REFORMS IN THE CONTEXT OF TWIN PEAKS ......... 3 3.

page 1 of 90 explanatory document supporting consultation amendment of the regulations under the long-term insurance act, 1998 and short-term insurance act, 1998

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