Sudan – Debate about insurance law
Thursday, 10 19 2017, Category: Insurance and Reinsurance, Country: Sudan
Dr. Badria Suleiman, Deputy Speaker of the National Assembly resubmitted the Insurance Regulation Law of year 2016 to the economic and financial affairs committee as there are problems in the way the law is drafted.
Moreover, insurance companies announced their opposition to the law especially the inclusion of health insurance in the law, which they described as unjustified.
The representative of insurance companies stated in the parliament that he is against the entry of foreign companies and criticized the restriction of 20% of the shares, which he described as against the Islamic Sharia.
Source: Al Rakoba