Research and Markets: Governance, Risk and Compliance – The Philippines Insurance Industry 2015
'Governance, Risk and Compliance - The Philippines 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
-
- Non-admitted insurance is not permitted in
- 100% FDI is permitted in
- Proposal to establish earthquake catastrophe insurance pool by 2015.
- Amendments to the Insurance Code were made in 2013.
- The minimum capital requirement for insurers was increased in 2013.
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
- Lloyd's
- Sun Life Assurance
-
The Yek Tong Lin Fire andMarine Insurance Company -
The Insular Life Assurance Company -
Philippines Prudential Life Insurance Company Inc - Pioneer
Life Inc -
First Life Financial Company Inc -
Malayan Insurance Company Inc - Prudential Gtee. &
Assce Inc -
Standard Insurance Company Inc -
General Assurance Corporation -
Paramount Life & General Insurance Corporation - The National Reinsurance Corporation
For more information visit http://www.researchandmarkets.com/research/x6q22c/governance_risk
View source version on businesswire.com: http://www.businesswire.com/news/home/20150723006173/en/
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