The authorities are pushing for the increase of insurers’ capital
The regulatory authorities are exerting pressure on insurers to increase their capital with a view to raise the retention and underwriting capacity of insurance companies. While the current legislation requires a minimum capital of 5 million OMR (13 million USD), the authorities are hoping that the new players, general or takaful insurers, will have a minimum capital twice higher.
0
Your rating: None
Wed, 10/04/2013 - 16:29
The online magazine
Live coverage
04/24
04/24
04/24
04/24
04/23
Latest news