Liquidity constrains insurers’ prescribed asset compliance

FINANCE minister Mthuli Ncube says the persistently low compliance with prescribed asset investments among insurers and pension funds is due to liquidity challenges in the industry. According to the industry regulator — Insurance and Pensions Commission (Ipec) — only short-term reinsurance players collectively managed to meet their minimum required threshold of 10 percent during the…

Subscribe to read full article. Subscribe today

Related posts

‘MPS has to sustain growth of economy’

Court global capital, miners told

Tax review indaba set for February 20

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More