Ecuador proposes regulatory changes in capital requirements for insurance companies

Posted on July 7, 2014 • Filed under: Business, Ecuador

businessinsurance.com reported… Draft proposals for regulatory changes for the insurance sector in Ecuador have been released, reports EntornoInteligente.com. The law is aimed at strengthening the private insurance system. The bill says that minimum capital required for establishing an insurer should be $8 million and for a reinsurer $13 million. Read Article

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