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Financial Services Supervision - Lesotho

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Tel: (266) 22 314281
Fax: (266) 22 310051
Address:
CENTRAL BANK OF LESOTHO
Supervision Department
Corner Airport and Moshoeshoe Roads
Maseru Central
Postbox:
P O Box 1184
MASERU - 100
Kingdom of Lesotho

Supervision of the financial services sectors in Lesotho falls under the Lesotho Central Bank. 

Please visit our website for more information about the Securities, Banking and Insurance Supervision department, of the Central Bank.

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From The Glossary »

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Burning Cost:

A term used (more commonly in reinsurance) to denote the pure loss cost of a particular class of business or reinsurance treaty. Burning cost may be expressed either 1. In currency, or 2. As a ratio to some particular measure of the class of business or the reinsurance treaty; for example, in thecase of a direct account it may be the ratio of claims incurred to total sums insured; in the case of a reinsurance treaty, the ratio of claims incurred ...
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