The Insurance Control Commission stated this morning that it is analyzing the possible implications of OFAC’s sanctions on Trust Insurance S.A.L., Trust Life Insurance Company S.A.L. and Trust Insurance Services S.A.L. as labelled in the related official statement. The Acting Head of the ICC, Mrs. Nadine El-Habbal confirmed that all the necessary measures will be undertaken as needed to ensure that the obligations to policyholders will continue to be settled fairly and in a timely manner.
30 AUG 2019
ICC reacts to OFAC measures