DOHA: The insurance industry might undergo an overhaul with new rules and regulations expected to be implemented soon, the Qatar Central Bank (QCB) which has recently been charged with supervising the sector, has hinted. A new law that confers on the QCB additional powers to regulate the insurance industry (aside from taking care of the banking and financial services sector) repeals a Decree Law governing the insurance providers, reinsurance companies and intermediaries that was enforced 46 years ago, in 1966.
