oa De Rebus - Solvency asset management - what does it entail an how will it affect you? : feature

Volume 2013, Issue 533
  • ISSN : 0250-0329



The solvency asset management (SAM) project, a joint venture of the Financial Services Board (FSB), who is also an active member of the International Association of Insurance Supervisors (IAIS), and the South African insurance industry, will introduce a new risk-based supervisory regime for the prudential regulation of both the long-term and short-term insurance sectors in South Africa. SAM will be implemented in January 2014, with its final implementation due in January 2016.

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