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NameInsurance Business Operators to comply with national laws, regulations and procedures to obtain an Insurance Business License
DescriptionAn individual or legal entity, whether a domestic or foreign organisation which intends to engage in insurance business operations in the Lao PDR shall ensure compliance with laws, regulations and applicable procedures in order to obtain an insurance business license from the Ministry of Finance, pursuant to Article 25 of the Insurance Law
Comments-
Validity From21-03-2016
Validity To31-12-9999
ReferenceArticle 3
StatusActive
Measure TypeLicensing (based on experience, track record, technical requirements, and/or other)
Agency NameMinistry of Finance
Legal DocumentMinisterial Guidelines on Insurance Business Licensing No. 770/MOF, dated 21 March 2016
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