Any business plan required to be submitted to the NIC shall contain information on the following; (a). Describe the company’s business strategy, includin ...
The information required to be contained in this section of the business plan is as follows;(i) Background Information (ii) Target market and marketing str ...
The business plan should include the following; a. a description of the applicant b. if th ...
A description of the nature of the business of insurance to be carried on, the major risks which the company proposes to cover, the classes of business to ...
(1) A description of the applicant’s proposed investment strategy, including details of the diversification, currency and&nbs ...
A summary of the applicant’s strategy for , identifying the risks that the applicant considers could affect the success of the business. The applicant i ...
A brief description of the amount, forms and sources of capital that will be available for the business of the company. Financial projections for eac ...
This should include as a minimum the following: (a) projections of expected premium income and reinsurances ce ...
The balance sheet should show, as a minimum, the following details: (a) Non current assets appropriately analysed an ...
This shall include future capital expenditure to be undertaken ...
identifying clearly: (a) the computation of the required margin of solvency; and (b) ...