Name | Life Insurance company must reserve surplus assets 16 trillion kip at the minimum |
Description | Life Insurance company must reserve surplus assets 16 trillion kip at the minimum, plus 5% of Statutory Liabilities and 0.3 % of the sum at risk. |
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 |
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