Article 11
No: 441/186 |
Effective from Mar 01 2020 - Feb 29 2020
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The Appointed Actuary appointment requirements:
The Company shall, after obtaining SAMA`s statement of non-objection, appoint a Qualified Actuary to act as its Appointed Actuary who meets the requirements of these Rules and SAMA’s Instructions and has adequate experience in the types of business written by the Company, being at least a Fellow of an Actuarial Association with relevant postqualification experience.