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The Insurance Act – Articles and Presentations

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The Insurance Bill 2016 – Presentations by Norton Rose Fulbright SA, March 2016
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From The Glossary »

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Net Asset Ratio:

This represents the net approved assets, as defined by the Short-term Insurance Act, less the contingency reserve, expressed as a percentage of the greater of the premiums written less reinsurance for the current or preceding financial year. The statutory minimum ratio is 15%.
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