Insurance & reinsurance: new requirements for minimum share capital in Liberia

Insurance and reinsurance companies are required to comply with the new regulatory requirements as regards minimum share capital prior to March 31, 2018. Minimum share capital has been set by the Central Bank of Liberia (CBL) at 175 000 for life insurers.

This sum amounts to 1.5 million USD for non life insurers and to 5 million USD for reinsurers.

More news:

• The insurance industry in Liberia