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Legal Document
Title: Law on Insurance (Revised) No. 78/NA, dated 29 December 2019
Type: Law
Responsible Agency: Ministry of Finance
Issuing Date: 2020-04-03
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This law defines the principles, regulations, and measures for the management and monitoring the insurance in order to ensure that insurance business operates properly, effectively, efficiently, firmly, and safely; to promote the growth, modernity, promptness, transparency, and fairness; to protect rights and legitimate benefits of the insurers and policyholders; to reduce the risk of national financing system; to encourage the society and all citizen to access the insurance; to enhance the regional and international integrations; and to contribute to the national socio-economic development.

Download Lao:Law on Insurance (Revised) No. 78/NA, dated 29 December 2019