Kuwait - Al-Roudhan lifts suspension of 3 ins. Companies
Tuesday, 05 14 2019, Category: Insurance and Reinsurance, Country: Kuwait
Minister of Commerce and Industry Khalid Al-Roudhan lifted the suspension of three insurance companies after the latter settled their overdue supervision and monitoring fees, reports Al- Rai daily quoting sources.
Sources disclosed the three companies that resumed operations include Aman Takaful Insurance Company, Dar Al-Salaam Takaful Insurance Company and Kuwait-Qatari Insurance Company.
Sources said the suspension decision remains effective on other three companies for failure to rectify their status until now. Sources added the three companies met the conditions stipulated in the suspension decision to resume operations, noting that they settled all the overdue fees.
Source: MENA FN