Insurance Act, 2017 (Act No. 18 of 2017)Chapter 7 : Reporting and Public Disclosures44. Information for supervisory purposes |
| (1) | In addition to any specific or general requirement provided for elsewhere in this Act or the Financial Sector Regulation Act, an insurer and a controlling company must provide the Prudential Authority with any information the Prudential Authority may reasonably require in the form, manner and at the intervals determined by the Prudential Authority for the supervision and enforcement of this Act (including the resolution of an insurer or a controlling company). |
| (2) | An insurer and a controlling company must, when providing information, ensure that the information— |
| (a) | is complete in all material respects, comparable and consistent from one reporting period to another; and |
| (b) | is relevant, reliable and comprehensible. |