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Part 2 · Provisions for direct insurance and reinsurance  ›  Division 1 · Life insurance › Section 143

Special notification duties in life insurance

After authorisation to conduct life insurance business has been granted, the undertaking must, without delay, notify the supervisory authority of the principles for calculating premiums and premium reserves, including the actuarial bases used, mathematical formulae, calculation derivations, and statistical evidence, attaching these; this applies correspondingly where new or amended principles are used.

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