Taiwan Insurance Industry Governance, Risk and Compliance Report – ResearchAndMarkets.com
The 'Governance, Risk and Compliance - The Taiwanese Insurance Industry' report is the result of extensive research into the insurance regulatory framework in
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 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 Regulation
2.3 Legislation and Market Practice by Type of Insurance
2.4
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 about this report visit https://www.researchandmarkets.com/research/djw3kk/taiwan_insurance?w=4
View source version on businesswire.com: http://www.businesswire.com/news/home/20180308005633/en/
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