Kuwait has taken a significant step toward strengthening financial transparency and oversight in its insurance sector, with the Insurance Regulatory Unit issuing Resolution No. (32) of 2026 banning all cash transactions for entities under its supervision. The decision requires insurance companies and licensed providers to conduct all payments and collections exclusively through banking channels or ... The post Kuwait bans cash payments in insurance sector to boost transparency appeared first on Times Kuwait .
Kuwait bans cash payments in insurance sector to boost transparency
