The Government has finally issued Regulation No. 14 of 2018 on the Foreign Ownership of Insurance Companies (“ Regulation 14/2018 ”), as an implementation Article 7 (3) of Law No. 40 of 2014 on Insurance (“ Insurance Law ”). [1] Regulation 14/2018 contains several provisions which specifically address the following matters:
Foreign Ownership of Insurance Companies Finally Regulated
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