The Qatar Central Bank (QCB) yesterday issued instructions to digital insurance companies, aimed at drawing up the regulatory framework for digital insurance activities in the country.
Regulations need to be drafted to cover the issue of equivalent parts in compulsory motor third-party liability insurance (also known as traffic insurance), according to Mr Davut Mentes, the president of the Insurance and Private Pension Regulation and Supervision Agency (SEDDK).
The Ministry of Culture and the Insurance Authority are working together on a project to insure historical buildings.