Kuwait – Need for new insurance regulations
Tuesday, 01 09 2018, Category: Insurance and Reinsurance, Country: Kuwait
Mr. Salah Allengawi the general manager of NAS Healthcare Services advocated an intervention of the Minister of Commerce and Industry HE Khaled Nasser Abdullah Al-Roudan in order to take care of this important economic sector, which needs new regulations.
Moreover, Mr. Allengawi said: we, in the insurance sector, are optimistic about the dynamism of HE Al-Roudan and his efforts to improve to improve the business environment. However, the local insurance sector is one of the last sectors in the GCC, which still has not been sufficiently regulated, so the market suffers from chaos on many levels.
Source: Annahar - Kuwait