VOL. XLVI
No 24
16-June-2003
UAE
REGIONAL BANKING
BMA Proposes Rules For Enhancing Insurance Regulations
The Bahrain Monetary Agency (BMA) announced on 11 June that it had published a consultation paper, setting out proposed rules aimed at enhancing existing insurance regulation. It addresses core issues, such as solvency margins, asset/liability valuations and capital requirements for insurance firms operating in Bahrain. The overall objectives of these standards on solvency and other quantitative...
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