Peru Insurance Industry Governance, Risk and Compliance Report 2016 – Research and Markets

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/tfql22/governance_risk) has announced the addition of the "Governance, Risk and Compliance - The Peruvian Insurance Industry" report to their offering.

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

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 Peruvian insurance industry is regulated by the Superintendent of Bank and Insurance.

- The Peruvian insurance industry is governed by the provision of the General Law of the Financial and Insurance Systems and Organic Law of the Superintendence of Banking and Insurance - the Law No. 26702.

- The Peruvian government permits up to 100% foreign direct investment in the insurance industry.

- Third-party liability insurance for public transport vehicles, motor third-party liability, aviation liability and workmen's compensation insurance are compulsory classes of insurance.

- Non-admitted insurers and intermediaries are not permitted in the Peruvian insurance industry, with a few exceptions.

Key Topics Covered:

1 Introduction

2 Governance, Risk and Compliance

2.1 Legislation Overview and Historical Evolution

2.2 Latest Changes in Regulations

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

3 Appendix

For more information visit http://www.researchandmarkets.com/research/tfql22/governance_risk

View source version on businesswire.com: http://www.businesswire.com/news/home/20160323006506/en/

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Source: Research and Markets