Short-Term Insurance Act, 1998 (Act No. 53 of 1998)Board NoticesNotice on Governance and Risk Management Framework for Insurers, 2014Part 4 : Risk Management System19. 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. |