| Release Date: | 1441-07-06 |
|---|---|
| Release Tool: | Councils and commissions decisions |
| Issuance Instrument Number: | 186/441 |
| Validity: | Valid |
| Summary: | By AI The Saudi Arabian Monetary Authority issued new regulations for actuarial work related to insurance under the Governor's Decision No. (437/72), replacing the previous regulation. The regulations include the scope of work, objectives, compliance procedures, and licensing requirements for actuarial service providers, in addition to the requirements for appointing and terminating the work of the defined actuary. They also specify the responsibilities of the defined actuary in the areas of data, res... |