Insurance Bill [B1 – 2016]

Call for comments opened 15 December 2016 Share this page:

Submissions are now closed (since 03 February 2017)

Finance Standing Committee

The Standing Committee on Finance invites you to submit written submissions on the Insurance Bill [B1 – 2016].

The Insurance Bill aims to:
▪ provide for a legal framework for the prudential supervision of insurance business in the Republic that is consistent,
▪ where relevant, with international standards for insurance regulation and supervision;
▪ introduce a legal framework for microinsurance to promote financial inclusion;
▪ replace certain parts of the Long-term Insurance Act, 1998, and the Short-term Insurance Act, 1998;

Public hearings will be conducted at Parliament on Tuesday, 7 February 2017.

Submissions and your indication to make oral presentation must be received by no later than 12:00 on Friday, 3 February 2017.

Comments can be emailed to Mr Allen Wicomb at awicomb@parliament.gov.za by no later than12:00 on Friday, 3 February 2017.

Enquiries can be directed to Mr Allen Wicomb on tel. (021) 403-3759.
 
Issued by Hon. YI Carrim, MP, Chairperson: Standing Committee on Finance (National Assembly).