(1) It is a condition of an insurer's approval that the insurer gives the Minister information reasonably required in writing by the Minister to allow the Minister to assess—
(a) the insurer's continuing ability to meet the insurer's current and expected liabilities under the Act; and
(b) whether the insurer continues to be financially and prudentially sound; and
(c) the insurer's continuing ability to meet its obligations under the Act in relation to injury management programs and personal injury plans.