Research and Markets: Governance, Risk and Compliance within Taiwan’s Insurance Industry

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/n7kzbg/governance_risk) has announced the addition of the "Governance, Risk and Compliance - The Taiwanese Insurance Industry" report to their offering.

The 'Governance, Risk and Compliance - The Taiwanese Insurance Industry' report is the result of extensive research into the insurance regulatory framework in Taiwan. 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 operations of insurance and reinsurance companies and intermediaries.

Key Highlights:

- The Insurance Bureau (IB) is responsible for regulating and supervising the Taiwanese insurance industry.

- 100% FDI is permitted in the Taiwanese insurance industry.

- The placement of non-admitted insurance and reinsurance is not permitted in the Taiwanese insurance industry.

- Composite insurers are not permitted in the Taiwanese insurance industry.

- Insurance policies issued in the country are subject to premium tax at a rate of 2%.

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/n7kzbg/governance_risk

View source version on businesswire.com: http://www.businesswire.com/news/home/20150831005879/en/

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Source: Research and Markets