The Insurance Supervision Directorate of the National Bank of Ethiopia (NBE) could be transformed into an independent body regulating the insurance sector.
A committee of experts is assessing the final recommendations for such a decision This transaction is still pending the opprobal of NBE's board of directors.
Read also | Minimum capital increase for Ethiopian insurers [4]
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[3] https://www.atlas-mag.net/en/issue/atlas-magazine-n-194-october-2022
[4] https://www.atlas-mag.net/en/category/pays/ethiopie/minimum-capital-increase-for-ethiopian-insurers