Kuwait – Insurance Authority as necessity
Monday, 03 12 2018, Category: Insurance and Reinsurance, Country: Kuwait
KFH-Takaful General Manager, Mr. Barrak Al-Khamis said that the ongoing absence of an independent authority that can protect the insurance sector is a negative factor. He emphasized that it is necessary to protect the sector from any future crises as it an important sector in the country. He requested the insurance regulation department at the Ministry of Commerce and Industry to issue more legislations and regulations that can ease and strengthen the market. His statements were made during a special interview with “Al Seyassah” newspaper.