Magazine date:
Nov 2013 The regulatory authorities will soon impose a program designed for the supervision of solvency margin. Prepared in collaboration with the World Bank, this tool will allow to define minimum capital requirement for each company.
Alerts will be provided to insurers to enable them to identify the necessary steps to cope with the situation. The new system is poised improve the solvency margin of insurance companies. Moreover, it may encourage companies to explore opportunities of mergers and acquisitions.