Governance, Risk and Compliance – The Cypriot Insurance Industry, 2018 – ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)-- The "Governance, Risk and Compliance - The Cypriot Insurance Industry" report has been added to ResearchAndMarkets.com's offering.

Governance, Risk and Compliance - The Cypriot Insurance Industry is the result of extensive research into the insurance regulatory framework in Cyprus.

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

• Insurance Companies Control Service (ICCS) regulate the Cypriot insurance industry
• The FDI regime of Cyprus allows up to 100% foreign participation in domestic insurance companies
• Composite insurance is not permitted in Cyprus
• Solvency II, which introduced new risk management standards for insurers, was implemented in the beginning of 2016
• Employer's liability insurance and motor third-party liability insurance are key compulsory insurance classes in Cyprus

Topics Covered

1. Introduction
1.1 What is this Report About?
1.2 Definitions

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 Compulsory Insurance
2.5 Supervision and Control
2.6 Non-Admitted Insurance Regulations
2.7 Company Registration and Operations
2.8 Taxation
2.9 Legal System

For more information about this report visit https://www.researchandmarkets.com/research/3zrgb9/governance_risk?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20190124005463/en/

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Related Topics: Insurance

Source: Research and Markets