Research and Markets: Governance, Risk and Compliance – The Timor-Leste Insurance Industry 2015

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/5nd8vt/governance_risk) has announced the addition of the "Governance, Risk and Compliance - The Timor-Leste Insurance Industry" report to their offering.

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

Reasons To Buy:

- Gain insights into the insurance regulatory framework in Timor-Leste.

- Track latest regulatory changes and expected changes impacting Timor-Leste's insurance industry

- Gain detailed information about key regulations governing the establishment and operation of insurance entities in the country

- Understand key regulations and market practices relating to various types of insurance product.

Key Highlights:

- The insurance industry of Timor-Leste is regulated by the Central Bank of Timor-Leste.

- Companies in Timor-Leste are subject to corporate income tax and capital gains tax at a rate of 10%.

- Foreign direct investment in the Timor-Leste insurance industry is permitted up to 49%.

- Composite insurance is not permitted in Timor-Leste.

- Non-admitted insurance is not permitted with a few exceptions.

- Motor third-party liability insurance is compulsory in Timor-Leste.

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/5nd8vt/governance_risk

View source version on businesswire.com: http://www.businesswire.com/news/home/20150730006420/en/

Research and Markets

Laura Wood, Senior Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907

Fax (outside U.S.): +353-1-481-1716

Sector: Insurance

Source: Research and Markets