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Long Term Insurance Act, 1998 (Act No. 52 of 1998)

Board Notices

Notice on Governance and Risk Management Framework for Insurers, 2014

Part 4 : Risk Management System

19. Concentration risk management policy

 

The concentration risk management policy must set out the approach to be taken to—

(a) identify relevant sources of concentration risk to ensure that risk concentrations remain within established limits; and
(b) analyse possible risks of contagion between concentrated exposures.