Seminar on the technical needs of insurance companies .. The nest: the need to spread insurance awareness
The insurance seminar, which was held in the Damascus Chamber of Commerce and in cooperation with the Ministry of Industry and the Federation of Crafts Associations in Damascus, shed light on the technical needs of insurance companies.
The Director of the Insurance Supervision Authority Samer Al-Ash and Deputy Director General of Financial Affairs Rola Muammar spoke during the seminar
The nest stressed the importance of spreading the culture of insurance and identifying the mechanism for calculating insurance portfolios and how insurance companies fulfill their obligations towards beneficiaries of their services, especially in light of the current events, noting the need to spread insurance awareness among citizens and the importance for beneficiaries to know the technical reserves of insurance companies that benefit from them .
In turn, Al-Muammar indicated the importance of technical reserves in insurance companies because he is the guarantor for the beneficiaries of insurance companies towards the company's commitment to their obligations towards them, through the Supervisory Insurance Supervisory Authority on how to calculate the oversight of the adequacy of these technical reserves, and Al-Muammar indicated the importance of beneficiaries to know the importance Premiums, how insurance and reinsurance companies subscribe, and the most important thing is how the company must maintain its financial solvency and its commitment to its duties towards policyholders, stressing the importance of Legislative Decree No. 43 and its subsequent decisions regarding the mechanism for calculating technical reserves For the company and how to maintain it.
