Research and Markets: Governance, Risk and Compliance in the Nepalese Insurance Industry
The 'Governance, Risk and Compliance - The Nepalese Insurance Industry' report is the result of extensive research into the insurance regulatory framework in
Summary:
- An overview of the insurance regulatory framework in
- The latest key changes and changes expected in
- Key regulations and market practices related to different types of insurance product in the country.
- Rules and regulations pertaining to key classes of compulsory insurance, and the scope of non-admitted insurance in
- Key parameters including licensing requirements, permitted foreign direct investment, minimum capital requirements, solvency requirements, reserve requirements, and investment regulations.
- Details of the tax and legal systems in the country.
Key Highlights:
- The Nepalese insurance industry is governed and regulated by the Beema Samiti.
- Non-admitted insurance is prohibited by the law. However, unauthorized reinsurers may underwrite reinsurance business for risks originating in
- Insurance for accident at work and motor vehicle and transport management insurance are compulsory.
- The implementation of IFRS in
- Composite insurance is not permitted.
- In
Key Topics Covered:
1 Introduction
2 Governance, Risk and Compliance
2.1 Legislation Overview and Historical Evolution
2.2 Latest Changes in Regulations
2.3 Legislation and Market Practice by Type of Insurance
2.4
2.5 Supervision and Control
2.6 Non-Admitted Insurance Regulations
2.7 Company Registration and Operations
2.8 Taxation
2.9 Legal System
3 Appendix
Companies Mentioned
-
-
-
- Nepal Re
For more information visit http://www.researchandmarkets.com/research/9t2t26/governance_risk.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150716006362/en/
[email protected]
For EST Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Insurance
Source:
Research and Markets: The Insurance Industry in Cameroon, Key Trends and Opportunities to 2019
Imperial Holdings, Inc. Secures $110 Million Credit Facility
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News