Insurance Regulations

The Insurance Department is responsible to maintain and/or ensure the safety, soundness and the integrity of the Liberian Insurance sector and ensure the smooth transition of the supervisory body to an autonomous agency, in keeping with relevant laws and international standards. Towards this end, the department formulates regulatory and supervisory policies, frameworks and guidelines governing the activities of the sector; ensures compliance with policies, regulations and guidelines; and conducts Risk-Based Supervision of insurance companies & insurance intermediaries (Brokers and loss adjustor), complemented with an experienced robust off-site surveillance tea Copyright © All Rights Reserved.

Source: Original reporting via Central Bank of Liberia