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NameLife Insurance company must reserve surplus assets 16 trillion kip at the minimum
DescriptionLife Insurance company must reserve surplus assets 16 trillion kip at the minimum, plus 5% of Statutory Liabilities and 0.3 % of the sum at risk.
Comments-
Validity From27-09-2018
Validity To11-02-9999
ReferenceArticle 8
StatusActive
Measure TypeMinimum capital requirements
Agency NameBank of the Lao PDR
Legal DocumentDecision on Maintaining Insurance Reserve and Debt Repayment no. 3059/MoF, dated 27 September 2018
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