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Section 52, The Insurance Act, 2016

Status not yet checkedThe Insurance Act, 2016, Sierra Leone

(1) If it appears to the Commissioner that an investigationor valuation to which section 50 applies does not properly indicate the condition of the affairs of the insurer by reason of the faulty basis adopted in the valuation, he may after giving notice to the insurer giving him an opportunity of being heard, cause an investigation or valuation to be made by an actuary appointed by the insurer at his expense, on such date as the Commissioner may specify; and the insurer shall place at the disposal of the actuary all the materials required by the actuary for the purpose of the investigation or value (2) The abstract and statement prepared as a result of the investigation shall be furnished by such date as the Commissioner may specify.

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