Tribune Online
Annuity portfolio: NAICOM gives incapable insurers 180-day ultimatum to transfer policy to suitable companies

THE National Insurance Commission (NAICOM) has directed life insurance companies that are unable to cover the additional expenses imposed by its recent circular to transfer their annuity portfolio to another suitable insurance company within 180 days. The effective date for the commencement of implementation of the circular on ‘Additional Regulatory Requirements for Annuity Business in […]

Annuity portfolio: NAICOM gives incapable insurers 180-day ultimatum to transfer policy to suitable companies
Tribune Online