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Motor Accident Injuries Act 2017 No 10
Current version for 25 March 2020 to date (accessed 4 August 2020 at 19:13)
2.23 Insurers to disclose profit margins
(cf s 28 MACA)
(1) A licensed insurer is required to disclose to the Authority the profit margin on which a premium is based and the actuarial basis for calculating that profit margin.(2) The Authority is to assess that profit margin, and the actuarial basis for its calculation, and to include a report on that assessment in its annual report.