Egypt:Minimum capital for insurers to be raised 1.5 times to US$8.4m

By MEIR team | 10 Jan 2019

The Financial Regulatory Authority (FRA) is proposing to increase the minimum capital of life and non-life insurers to EGP150m (US$8.4m) from the existing EGP60m, according to a draft of the new comprehensive insurance law.

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