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CA-1.4.2

In determining the adequacy of the financial resources of insurance consultantsG and insurance managersG , the CBB will consider, amongst other things:

(a) The volume of business undertaken by the licensee;
(b) The licensee's capacity to meet its financial obligations towards all clientsG in a timely and professional manner; and
(c) The licensee's future business plans considering the capital available to meet all obligations and additional sources of capital when and if required.
Amended: January 2007
 Versions
(2 Versions)
 
Up to Jun 30 2007Jul 1 2007 onwards
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