New bill
The supervisory authorities are drafting a law which will enable life insurers to invest in foreign assets above the 45% so far authorized. This amendment would authorize life companies to invest approximately an additional 10 billion USD and to increase their profits by about 1 billion USD. This law could be in force in 2012 provided that the different parties quickly reach an agreement.
0
Your rating: None
Fri, 29/03/2013 - 14:43
The online magazine
Live coverage
14:40
11:12
05/20
05/20
05/20
Latest news