Reporting of COCs in Annual Statement

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IC CIRCULAR LETTER NO. 16-2004: Reporting of COCs in Annual Statement

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Title Supreme Court: Reporting of COCs in Annual Statement

Law: Ic Circular Letter No. 16-2004

Decision Date: Aug 2, 2004

Starting in 2004, non-life insurance companies must include the number of Certificates of Covers issued under CMVL-LTO and CMVL-NON-LTO in their Annual Statement's Recapitulation 1 for Premiums Written and Earned, as mandated by Insurance Commissioner Benjamin S. Santos.

administrative law

insurance law

annual statement

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