Prohibition on new sales of NOVIS insurance products in Iceland
(WorldNews Sweden)

18 September 2020 [Link] The National Bank of Slovakia (Národná banka Slovenska, NBS), which regulates financial activities in Slovakia, has imposed . The ban includes NOVIS insurance products that are in distribution in Iceland. NOVIS began selling life insurance products in Iceland in January 2018 and, as of end-December 2019, had active contracts with a total of 5,201 policyholders....