UAE – Regulator supervises investment distribution
Wednesday, 09 06 2017, Category: Insurance and Reinsurance, Country: U.A.E
The decision of the board of directors of the “Insurance Authority” No 22 of year 2017 asked insurance companies to address investments in listed and unlisted related companies. Investment assets should be 20% with no limits on types. Moreover, related companies outside the company should have investment assets of 10% with no limits on types.
Source: Economic Al Khaleej