On Dec. 10, DEN GVT issued decree on insurance business separation.
DEN GVT decree on life insurance companies' health and accident insurance business.
Sets out provisions on the requirement that insurance companies must manage life insurance business and health and accident insurance business separately.
Effectiveness
Order enters into force on Jan. 1, 2025 from which date Order 2003 of Nov. 1, 2021 on health and accident insurance activities of life insurance companies is repealed.
Regulators
DEN GVT
Entity Types
Ins
Reference
PR 12/10/2024; Ord 1424 of 12/5/2024; Ord 2003, 1/11/2021