Guidelines on Capitalization for Composite Insurers

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CIRCULAR LETTER NO. 2018-45: Guidelines on Capitalization for Composite Insurers

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Title Supreme Court: Guidelines on Capitalization for Composite Insurers

Law: Circular Letter No. 2018-45

Decision Date: Sep 7, 2018

The Philippine Insurance Commission has issued guidelines on the minimum capitalization and net worth requirements for composite insurance companies, allowing for concurrent transactions of life and non-life insurance if authorized by the Commission, with specific deadlines for compliance.

minimum capitalization

net worth requirements

composite insurance companies

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