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Fledging Insurance Industry Primed for Big Changes under New Proclamation | Collector
Fledging Insurance Industry Primed for Big Changes under New Proclamation
The Reporter

Fledging Insurance Industry Primed for Big Changes under New Proclamation

A draft amendment to the Insurance Business Proclamation proposes to end the provision of general and long-term insurance services under one license. The draft also promises to address long-standing calls for autonomous regulation from insurers by establishing the Ethiopian Insurance Regulatory Authority, and marks the industry as next for liberalization as part of ongoing economic […]

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