Governance, Risk and Compliance in the Beninese Insurance Industry 2017 – Research and Markets
The 'Governance, Risk and Compliance - The Beninese Insurance Industry' report is the result of extensive research into the insurance regulatory framework in
It provides detailed analysis of the insurance regulations for life, property, motor, liability, personal accident and health, and marine, aviation and transit insurance. The report specifies various requirements for the establishment and operation of insurance and reinsurance companies and intermediaries.
The report brings together research, modeling and analysis expertise, giving insurers access to information on prevailing insurance regulations, and recent and upcoming changes in the 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 Beninese insurance industry is regulated by the CRCA at the regional level and by the DCA at the national level.
- Key classes of compulsory insurance include motor third-party liability insurance and professional indemnity insurance for insurance intermediaries.
- Insurance companies from CIMA member states are permitted to operate in
Benin without a license. - Composite insurance is not permitted in
Benin . - 100% FDI is permitted in the Beninese insurance industry.
Key Topics Covered:
1 INTRODUCTION
2 GOVERNANCE, RISK AND COMPLIANCE
2.1 Legislation Overview and Historical Evolution
2.2 Latest Changes in Regulation
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
- Africa Re
- Cica Re
For more information about this report visit https://www.researchandmarkets.com/research/r8bw6p/governance_risk
View source version on businesswire.com: http://www.businesswire.com/news/home/20171004005595/en/
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