Now Available: Governance, Risk and Compliance - the Bahraini Insurance Industry - Insurance News | InsuranceNewsNet

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November 27, 2015 Newswires
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Now Available: Governance, Risk and Compliance – the Bahraini Insurance Industry

ReleaseWire

Fast Market Research announces the availability of the new Timetric report, "Governance, Risk and Compliance - The Bahraini Insurance Industry", on their comprehensive research portalBoston, MA -- (SBWIRE) -- 11/27/2015 -- The report provides insights into the governance, risk and compliance framework pertaining to the insurance industry in Bahrain, including:

-An overview of the insurance regulatory framework in Bahrain
-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 Bahrain
-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

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

-The Bahraini insurance industry is regulated by the Central Bank of Bahrain.
-The government of Bahrain allows 100% foreign direct investments in the insurance industry.
-Composite insurance is not permitted in Bahrain since April 1, 2005. However, composite insurers established prior to April 1, 2005 are permitted to operate.
-Motor third-party liability and workers' compensation insurance are mandatory in Bahrain.
-Non-admitted insurance is prohibited in Bahrain. However, reinsurance companies can operate in the country on a cross-border basis only.

Report Scope

-The report covers details of the insurance regulatory framework in Bahrain.
-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 Bahrain.
-Track the latest regulatory changes, and expected changes impacting the Bahraini 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

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-Governance, Risk and Compliance - The Chinese Insurance IndustryFor more information on this press release visit: http://www.sbwire.com/press-releases/now-available-governance-risk-compliance-bahraini-insurance-643387.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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