Lebanon – Insurance Commission requests media to be objective
Saturday, 11 19 2016, Category: Insurance and Reinsurance, Country: Lebanon
The Insurance Control Commission in Lebanon issued the following statement: “The Insurance Control Commission confirms to the public that the decisions it takes are made by official statements to concerned parties, which are published on the website of the omission”.
The statement added: “The commission confirms the following: all the decisions taken by the commission during the past year are leading actions in order to promote the Lebanese insurance market. Some of these actions are pioneering steps such the regulation of insurance brokers, which has been expected for long years since insurance brokerage is one of the essential pillars of the industry.
He added: “all the decisions taken are completely in line with international supervisory standards and motivate the sector toward scientific and practical developments. These actions were welcomed by the sector”.
Source: National News Agency