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| Name | Requirement for insurer to have registered capital and security deposit |
|---|---|
| Description | Insurers must have registered capital of not less than 16 billion kip; must maintain at least one third of their registered capital as a security deposit for each type of insurance (life insurance and general insurance). |
| Comments | - |
| Validity From | 19-02-2014 |
| Validity To | 31-12-9999 |
| Reference | art 5 |
| Status | Active |
| Measure Type | Minimum capital requirements |
| Agency Name | insurance Management Authority |
| Legal Document | Ministerial Instruction on implmenting the Law on Insurance No. 539/MOF, dated 19 February 2014 |
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| Description |
|---|
| All insurance and insurance-related services |