Objectives
The objectives of the solvency guidelines are as follows;
To ensure appropriate asset spread, good yield, and safety of the investments of insurance companies as well as appropriate asset liability matching.
To ensure that Ghana’s solvency regime complies with international standards and best practice.
To enhance the contribution of insurance companies to the country’s economic development.
Scope
This solvency guidelines covers the following subjects;
The solvency margin
Solvency control levels
Investment mix requirements
Investment to total asset ratio
Valuation rules
Effective Date and Transitional arrangements
Click here to download the entire Solvency Regime Under Insurance Act, 2006, ACT 724
