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EAC insurance regulators to discuss common rules

Published on August 16, 2017

Insurance regulators from the East African Community meet in Arusha on Thursday in efforts to adopt common regulatory standards meant to protect policyholders and ensure stability of the sector.

The meeting, called by the East African Insurance Supervisory Association (EAISA), will explore emerging issues including common regulatory standards, according to an announcement.

East African countries are seeking to harmonise rules to supervise companies in areas such as corporate governance, capitalisation, investment, stress testing, supervision and winding up of insurance firms. Read more. Source | Business Daily