Governance, Risk and Compliance - the Bulgarian Insurance Industry - New Market Report - Insurance News | InsuranceNewsNet

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October 23, 2015 Newswires
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Governance, Risk and Compliance – the Bulgarian Insurance Industry – New Market Report

ReleaseWire

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.

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Insurance research reports at Fast Market Research

You may also be interested in these related reports:

-Governance, Risk and Compliance - The Swiss Insurance Industry
-Governance, Risk and Compliance - The Egyptian Insurance Industry
-Governance, Risk and Compliance - The Chinese Insurance Industry
-Governance, Risk and Compliance - The Hong Kong Insurance Industry
-Governance, Risk and Compliance - The Jamaican Insurance IndustryFor more information on this press release visit: http://www.sbwire.com/press-releases/governance-risk-compliance-bulgarian-insurance-industry-635497.htm

Media Relations Contact

Bill ThompsonDirector of Marketing
Fast Market Research, Inc.
Telephone: 800-844-8156
Email: Click to Email Bill Thompson
Web: http://www.fastmr.com

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