newsare.net
Insurance companies should merge if they cannot comply with mandatory net worth requirements, Finance Secretary Carlos Dominguez 3rd said, noting the need for a stronger and more competitive domestic industry. From a P550-million requirement — up from PDoF firm on net worth requirement for insurers
Insurance companies should merge if they cannot comply with mandatory net worth requirements, Finance Secretary Carlos Dominguez 3rd said, noting the need for a stronger and more competitive domestic industry. From a P550-million requirement — up from P250 million previously — that took effect at the end of 2016, insurers will have to increase their [...] The post DoF firm on net worth requirement for insurers appeared first on The Manila Times Online. Read more