IC CIRCULAR LETTER NO. 16/95, July 11, 1995

[ IC CIRCULAR LETTER NO. 16/95, July 11, 1995 ]

STATEMENT OF INCOME AND EXPENSES ASSETS AND LIABILITIES AND SUPPLEMENTARY DATA ON LENDING OPERATIONS

In view of the quarterly submission of selected insurance statistics to ISAP or PLIA by their member companies, this Commission shall no longer require the submission of their Statements of Income and Expenses, Assets and Liabilities and Supplementary Data on Lending Operations. However, the statement on Paid-Up Capital, Reserves and Investments as required in Circular Letter dated 31 July 1974 shall continue to remain in effect.

Please be guided accordingly.

Adopted: 11 July 1995

(SGD.) EDUARDO T. MALINIS Deputy Insurance Commissioner Officer-In-Charge