The Angola Insurance Authority (ARSEG) has opened applications for insurers to lead special coinsurance agreements under the regime approved in August, requiring a letter of intent signed by the insurer’s legal representative and supporting evidence of financial and technical capacity to manage large risks and a solvency margin of at least 140% over the past three years, with submissions due within 15 business days of the relevant order’s publication.
Angola Insurance Authority opens applications to lead special coinsurance agreements
The Angola Insurance Authority has opened applications to lead special coinsurance agreements, requiring financial and technical capacity to manage large risks and a solvency margin of at least 140% over the past three years, with applications due within 15 business days of the relevant order’s publication.