What happens if the Actuary's report does not accurately reflect the true financial position of the Company under the Federal Decree Law of 2023 Regulating Insurance Activities Article 59?
If it becomes clear to the Central Bank of the UAE (CBUAE) that the Actuary's report does not reflect the true financial position of the Company, the CBUAE may request a reexamination at the Company's expense by an Actuary selected by the CBUAE for this purpose.