Governance, Risk and Compliance – the Bulgarian Insurance Industry – New Market Report

Fast Market Research announces the availability of the new Timetric report, "Governance, Risk and Compliance - The Bulgarian Insurance Industry", on their comprehensive research portalBoston, MA -- (SBWIRE) -- 10/23/2015 -- The report provides insights into the governance, risk and compliance framework pertaining to the insurance industry in Bulgaria, including:

- An overview of the insurance regulatory framework in Bulgaria
- The latest key changes, and changes expected in the country's insurance regulatory framework
- 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 Bulgaria
- Key parameters including licensing requirements, permitted foreign direct investment, minimum capital requirements, solvency and reserve requirements, and investment regulations
- Details of the tax and legal systems in the country

Report Highlights

- The Bulgarian insurance industry is regulated by the Financial Supervision Commission.
- 100% FDI is permitted in the Bulgarian insurance industry.
- Placement of non-admitted insurance or reinsurance contracts is not permitted in Bulgaria, except for non-admitted insurance and reinsurance contracts issued by insurance companies from other EU or EEA member states.
- Key classes of compulsory insurance include motor third-party liability insurance and personal accident insurance for passengers in public transport.
- Composite insurance is not permitted in Bulgaria.

Get More Details on this Report and a Full Table of Contents at Governance, Risk and Compliance - The Bulgarian Insurance Industry

Report Scope

- The report covers details of the insurance regulatory framework in Bulgaria.
- The report contains details of the rules and regulations governing insurance products and insurance entities.
- The report lists and analyzes key trends and developments pertaining to the country's insurance regulatory framework.
- The report analyzes the rules and regulations pertaining to the establishment and operation of insurance businesses in the country.
- The report provides details of taxation imposed on insurance products and insurance companies.

Reasons to Get this Report

- Gain insights into the insurance regulatory framework in Bulgaria.
- Track the latest regulatory changes, and expected changes impacting the Bulgarian insurance industry.
- Gain detailed information about the key regulations governing the establishment and operation of insurance entities in the country.
- Understand key regulations and market practices pertaining to various types of insurance product.

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