Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

Insurers reluctant to merge despite higher capital requirement

August 19, 2019 Reprints

Adama Ndiaye, president of the African insurers' federation, said that the number of mergers among insurers in Western and Central Africa has been relatively small despite new capital requirements, Middle East Insurance Review reported. Mr. Ndiaye said that most insurers preferred to raise their own funds. Under the rules, insurers needed to increase their capital to 3 billion CFA francs ($5 million) by May 31, up threefold from the previous requirement of XOF 1 billion.

Help

Insurers reluctant to merge despite higher capital requirement

Most Read in International

About

Advertise

Reprints and Licensing

Resources