New insurance regulations published by MMA

1 week ago

Two key regulations have been formulated to implement the Maldives Insurance Act. The central bank, Maldives Monetary Authority (MMA), has formulated two regulations: the Risks in Insurance Regulation and the General Articles of Insurance Regulation. The two regulations were opened for public comment on the 14th of this month and officially published on the 27th. Under the new regulations, every insurance company operating