Rwanda: Takeovers Good for Insurance Sector, Says Rwangombwa

The entry of new firms and takeovers in the insurance industry is good for the sector as it will lead to products innovation, a key ingredient required to increase policy uptake in the country, John Rwangombwa, the central bank governor, has said.

Rwangombwa said since the newcomers are reputable international firms with vast experience, they will be able to roll out new products and raise awareness about the importance of the sector among the public.

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