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| Name | combine insurance company (life and non-life) must reserve surplus assets 32 trillion kip at the minimum |
|---|---|
| Description | combine insurance company (life and non-life) must reserve surplus assets 32 trillion kip at the minimum, Including: twenty percent (20%) of the net premiums (for non-life insurance service), 5% of Statutory Liabilities and 0.3 % of the sum at risk (for life insurance service). |
| Comments | - |
| Validity From | 27-09-2018 |
| Validity To | 11-02-9999 |
| Reference | Article 8 |
| Status | Active |
| Measure Type | Minimum capital requirements |
| Agency Name | Bank of the Lao PDR |
| Legal Document | Decision on Maintaining Insurance Reserve and Debt Repayment no. 3059/MoF, dated 27 September 2018 |
Showing 1 - 1 of 1 items
| Description |
|---|
| All insurance and insurance-related services |