Distributable profits of long-term (life) insurers
Seeking views on technical changes to the legal definition of life insurers’ distributable profits.
Opened
25 Oct 2016
Closed
16 Nov 2016
▤ Verbatim text from source document
This consultation seeks views on technical changes to the legal definition of life insurers’ distributable profits. This definition affects how life insurers’ calculate the profits available for distribution to their shareholders.
The changes are needed to update the law in order to reflect changes to the regulation of life insurers.
This issue will be of interest to relevant specialists in the life insurance industry, investors in life insurers, and their advisers.