Liberia - Reinsurance: Deadline for the implementation of regulatory requirements

The Central Bank of Liberia (CBL) is reminding local insurance companies about the necessity to comply with the new regulatory requirements as regards minimum share capital before March 31, 2018.

Minimum share capital has been set at 175 000 USD for life insurers, 1.5 million USD for non life insurers and at 5 million USD for reinsurers.

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• The insurance industry in Liberia