A-32.1 - Insurers Act

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182. A self-regulatory organization must, in the financial management of its insurance business, adhere to sound and prudent management practices to ensure that its insurance fund maintains
(1)  adequate assets to meet the liabilities charged against the fund, as and when they become due; and
(2)  adequate capital to guarantee the sustainability of the organization’s insurance business.
2018, c. 23, s. 32018, c. 23, s. 3.
In force: 2019-06-13
182. A self-regulatory organization must, in the financial management of its insurance business, adhere to sound and prudent management practices to ensure that its insurance fund maintains
(1)  adequate assets to meet the liabilities charged against the fund, as and when they become due; and
(2)  adequate capital to guarantee the sustainability of the organization’s insurance business.
2018, c. 23, s. 32018, c. 23, s. 3.