According to Yousef Ghali Abou Elsaad, assistant CEO of Reinsurance of National Takaful, Kuwaiti authorities might be working on a bill aiming at create an independent body for the supervision of insurance companies.
The law shall also stipulate the split of life and non-life activities of the sector for the newly formed companies, while sparing existing ones.
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[3] https://www.atlas-mag.net/en/issue/insurance-supervision