Tag: Exclusive rights offered local reinsurers stifle underwriting technical knowledge – IMF

Insurance

Exclusive rights offered local reinsurers stifle underwriting technical knowledge – IMF

Leave a Comment and share Chuks Udo Okonta Mandatory cession, preferential tax treatment and supervisory exemptions offered to local reinsurers create an unlevel playing field, hinder competition and deny insurers the benefit from the transfer of technical know-how from foreign reinsurance companies, hence should be reconsidered, the International Monetary Fund […]