Kuwait – Attempts to adopt a new insurance law
Friday, 05 20 2016, Category: Insurance and Reinsurance, Country: Kuwait
The Director of the Insurance Department Mrs. Iman Ibrahim Al-Ashwak said that the department tries to push for the adoption of the new insurance law during year 2016. This will follow refinements to the final draft that has to be submitted to the relevant authorities for discussion before its adoption.
Mrs. Al-Ashwak told “Al Qabas” that the Companies Directorate including the insurance sector will witness developments and updates that follow technological advancements indicating that the insurance department will launch its electronic portal through the ministry of commerce during this month.
Source: Al Qabas