According to local newspaper reports, Kuwait’s Commerce and Industry Minister has issued a Decision establishing an Independent Insurance Unit. It will have seven members, two of which will be full-time and have been appointed by Emiri Decree. It will regulate insurance businesses in the country in line with Article 10 of Kuwait Law No. 125/2019. Among other things, the committee will oversee the sector’s development and supervise it. They will be able to ask experts and consultants it considers appropriate to assist it and they will also be able to establish temporary advisory committees to study a specific topic within their remit.