However, the CBK in its assessment has identified some factors that are not fully reflected in the actuarial report, and therefore rejected the insurance companies' request for tariff changes based on that report, but at the same time it has assessed that insurance companies should be allowed to adjust Category I tariffs for the rate of inflation incurred during the period 2002-2018, adjusted for changes reflected in the Corporate Income Law, so that these insurance rates best reflect the current conditions of the economy.
This decision of the CBK had prompted various reactions. However, we urge you not to misinterpret this decision, which has adjusted prices only for rising inflation, neglecting the benefits that the insured will have in the future and the impact on enhancing financial stability.