The Palestine Capital Market Authority briefed Birzeit University insurance law students on sector supervision, development challenges and legislative work, including a new draft insurance law. The session also addressed the authority’s access to international supervisory developments through its membership in the International Association of Insurance Supervisors.
The Palestine Capital Market Authority hosted insurance law students from Birzeit University for a briefing on insurance supervision and the development of Palestine’s insurance sector. The discussion covered legislative efforts to update the sector’s regulatory framework, notably a draft of a new insurance law.
Amjad Qabha, director general of the authority’s General Directorate of Insurance, reviewed the authority’s regulatory responsibilities and the sector’s challenges and development prospects. He also discussed its membership in the International Association of Insurance Supervisors (IAIS), which provides access to international developments and trends in insurance supervision.
The Palestine Capital Market Authority, in collaboration with An-Najah National University, conducted a session to review the Draft Decree-Law on Palestinian Insurance for 2024. Discussions focused on legal drafting, alignment with market needs, and enhancing the law's comprehensiveness. Participants emphasized the need for broader community…