The Ministry of Agriculture (MoA) has issued a circulation asking mutual funds not to follow the instructions of the Ministry of Economy and Trade (MoET) regarding the issuance of insurance policies.
In March, the MoET issued a decision that forbids mutual funds to sell insurance policies either directly or indirectly to the public. The decision would have been carried out by the Insurance Control Commission (ICC).
Insurance companies are being competed against by mutual funds that...
Article details
In March, the MoET issued a decision that forbids mutual funds to sell insurance policies either directly or indirectly to the public. The decision would have been carried out by the Insurance Control Commission (ICC).
Insurance companies are being competed against by mutual funds that...
Article details
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