MoCI to form panel to regulate insurance business – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait English Daily

  • Date: 02-Feb-2020
  • Source: Arab Times
  • Sector:Economy
  • Country:GCC
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MoCI to form panel to regulate insurance business – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait English Daily

MoCI to form panel to regulate insurance business. The committee was established under the supervision of the Minister, to regulate insurance business in Kuwait, as stipulated by the new law for organizing, supervising insurance, and the committee is scheduled to exercise its powers in accordance with the tasks assigned to it, as per Article 10 of Law No. 125 of 2019.. The committee also has the right to establish temporary advisory committees entrusted to study any of the topics within its terms of reference defined by law Insurance regulation..