Research and Markets: Governance, Risk and Compliance – The Papua New Guinean Insurance Industry 2015
The 'Governance, Risk and Compliance -
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 Papua New Guinean insurance industry is regulated by the Insurance Commissioner and the
- 100% FDI is permitted in the Papua New Guinean insurance industry.
- Non-admitted insurance is prohibited with a few exceptions.
- Composite insurance is not permitted in
- Workers' compensation and motor third-party liability insurance are the key compulsory classes of insurance.
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
For more information visit http://www.researchandmarkets.com/research/rglpgl/governance_risk
View source version on businesswire.com: http://www.businesswire.com/news/home/20150723006274/en/
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Sector: Insurance, Insurance
Source:
Research and Markets: Governance, Risk and Compliance – The Indonesian Insurance Industry 2015
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