Any business plan required to be submitted to the NIC shall contain information on the following; (a). Describe the company’s business strategy, including marketing,  underwriting, reinsurance, investment and risk management strategies (b). Include financial projections for at least three years with appropriate scenarios, including optimistic and pessimistic scenarios. (c). State the assumptions which underlie the projections, the reasons for adopting those assumptions and the accounting policies on which the projections are based.  (d). Provide detailed information on the company’s board of directors organisational structure, management personnel and internal controls. (e). Provide information on all existing, proposed and intended third party agreements. (f). The business plan must be accompanied by a report of the company’s  auditors on the adequacy of the company’s business plan and whether it has been properly prepared on the basis of the assumptions stated. (g). In the case of Life companies, the business plan must be accompanied also by a report of the company’s actuary, appointed for the purpose of section 56 of the Act, on the adequacy of the company’s policy of reserving and investments. (h). The business plan shall be signed by three directors of the company including the Chief Executive and the Board Chairman.