Research and Markets: Governance, Risk and Compliance – The Lao Insurance Industry
'Governance, Risk and Compliance - The Lao Insurance Industry' report is the result of extensive research into the insurance regulatory framework in
The report brings together research, modeling and analysis expertise, giving insurers access to information on prevailing insurance regulations, recent and upcoming changes in regulatory framework, taxation and legal system in the country. The report also includes the scope of non-admitted insurance in the country.
Key Highlights
-
- The Insurance Law 2012, which repealed and replaced the Insurance Law 1990, is the principal law governing insurance business in the country.
- The government of
- The placement of non-admitted insurance is not permitted in the insurance industry of
- International Financial Reporting Standard (IFRS) was implemented effective from
- Composite insurance is not permitted in the Lao insurance industry.
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
- Assurance Générales du
Laos -
Tokojaya Lao Assurance Co Ltd -
PCT Asian Insurance Company Ltd
For more information visit http://www.researchandmarkets.com/research/2xrznh/governance_risk
View source version on businesswire.com: http://www.businesswire.com/news/home/20150723006072/en/
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