CIB 7.6.1

An Actuary appointed to provide an actuarial report under this Chapter must:

(a) be experienced in determining liabilities in the Classes of Business dealt with in the actuarial report;
(b) have the required skill and experience to perform his functions under the Rules and Regulations; and
(c) not perform the function of Chairman or Chief Executive Office of the Captive Insurer or any other function on behalf of the Captive Insurer which could give rise to a significant conflict of interest.