And lower new business premiums (for individual policies on a regular basis) a number of life insurance companies, which are in percent (%) on February 31, one of the strongest decline in recent months.
Continued decline comes after more stringent standards imposed by law on insurance and Development Authority (infrared) to ensure the minimum return on retirement policies and to increase the size of commissions paid to employees.
The company refused Libyan giant public sector is more important, high-end new collections have declined by 44 percent (%) compared with the same period last year.