Deadline fixed for premiums’ transfer

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To implement the new regulation, insurance companies have fixed a very strict deadline to pay back premiums cashed by insurance intermediary, general agents and brokers. These measures aim at curbing the volume of outstanding payments, which account for 75% of the sector's global turnover, that is, 9.5 billion MAD (107 million USD) out of the 12 million AMD (151 million USD) achieved in the year 2003.

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Tue, 14/05/2013 - 10:13
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