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The World Bank wants the FSC to assess the risk in the pricing of Civil Liability and Auto Casco

NEWS_PUBLISH_DATE 28 September 2017
The World Bank wants the FSC to assess the risk in the pricing of Civil Liability and Auto Casco image

One of the recommendations made by the World Bank to the FSC is for the financial regulator to conduct on-site inspections to determine the premiums and discounts offered in non-life insurance. The International Financial Institution wants the FSC to assess the risk in the pricing of liability insurance and motor hull insurance. The World Bank has asked the Financial Supervision Commission to ensure its independence from the government.