Insurance Industry Bill gets Parly nod

Thursday, July 23, 2015

Parliamentary gave a go- ahead to the insurance Bill

In a major boost to the local insurance industry, Parliament last week gave the go-ahead to the Insurance Industry Bill, which will overhaul the regulation of the insurance industry in Botswana.

The Bill seeks to, amongst others, import all provisions relating to the insurance industry from the Non-Banking Financial Institutions Regulatory Act. Currently, the insurance industry is regulated under the Insurance Industry Act of 1987.

The house’s nod for the Bill provides for the licensing, governance and regulation of all insurers, insurance brokers, insurance agents and representatives operating in Botswana and for matters incidental to or connected therewith.

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Insurance Industry Bill gets Parly nod

In a major boost to the local insurance industry, Parliament last week gave the go-ahead to the Insurance Industry Bill, which will overhaul the regulation of the insurance industry in Botswana.

Disc, license renewal requirements waived amid system failures

This is not reversal born of weakness- Salakae

Batlokwa reject Tlokweng expansion plan

Enough is enough – Kgosi Gaborone

CoA dismisses Meswele convicts' appeal against 40-year imprisonment

‘Insurance killer’ case leaves family in ruins

Serowe police probe Mogorosi tragedy

Man found seriously injured by Letlhakane roadside

BPF should get house in order