Insurance companies happy with new law

Insurers have hailed the Central Bank’s orders to split the insurance business into two categories, saying that it will promote efficiency, fair, safe and a stable insurance market in the country. The demand is contained in the new law (Law N° 52/2008 of 10/09/2008) which calls for insurance firms to divide their business into long-term insurance business and short-term insurance business.
Sonarwa head office in Kigali: insurers optimistic about the new law.(File photo)
Sonarwa head office in Kigali: insurers optimistic about the new law.(File photo)
Times Reporter