The new FSB Solvency Assessment and Management regime (SAM)
The Financial Services Board (FSB) has declared its intention to develop a new solvency regime for the South African long-term and short-term insurance industries. Their explanatory information letters appear below.
FSB - SAM Project Information letter 2009-12-04 1mb
FSB - SAM Project Information letter 2010-03-05 215kb
In August 2010 the FSB issued the following letter setting out the requirements for their Quantitive Impact Study (QIS) for short-term insurers.
FSB - SAM - Quantitive Impact Study for short-term insurers 2010-08-06 229kb