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Regulator ups capital requirement for insurers, reinsurers

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Ghana's insurance regulator is increasing the required minimum for nonlife insurers by 233% to 50 million Ghanaian cedi ($9 million) from the current GHS 15 million, My Joy Online reported. The regulator is also increasing minimum capital requirements for reinsurers to GHS 125 million, up 212% from the current GHS 40 million.

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