Timetric's Governance, Risk and Compliance - The Papua New Guinean Insurance Industry report is the result of extensive research into the insurance regulatory framework in Papua New Guinea. 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 Timetric's 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.
The report provides insights into the governance, risk and compliance framework pertaining to the insurance industry in Papua New Guinea, including: An overview of the insurance regulatory framework in Papua New Guinea. 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 Papua New Guinea. 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.
Scope
The report covers details of the insurance regulatory framework in Papua New Guinea. 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 Buy
Gain insights into the insurance regulatory framework in Papua New Guinea. Track the latest regulatory changes, and expected changes impacting the Papua New Guinean 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.
Key Highlights
The Papua New Guinean insurance industry is regulated by the Insurance Commissioner and the Central Bank. 100% FDI is permitted in the Papua New Guinean insurance industry. Non-admitted insurance is prohibited with a few exceptions. Composite insurance is not permitted in Papua New Guinea. However, life insurers can carry on personal accident and health insurance business. Workers' compensation and motor third-party liability insurance are the key compulsory classes of insurance.
Table Of Content
1 Introduction
1.1 What is this Report About?
Request A Sample copy of This Report @ http://www.hexareports.com/sample/61097
1.2 Definitions
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
2.3.1 Life insurance
2.3.2 Property insurance
2.3.3 Motor insurance
2.3.4 Liability insurance
2.3.5 Marine, aviation and transit insurance
2.3.6 Personal accident and health insurance
2.4 Compulsory Insurance
2.4.1 Motor third-party liability insurance
2.4.2 Workers' compensation insurance
2.5 Supervision and Control
2.5.1 International Association of Insurance Supervisors
2.5.2 Insurance Commissioner
2.5.3 Bank of Papua New Guinea
About Us:
Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.
Contact Us:
Ryan Shaw
Felton Office Plaza,
6265 Highway 9,
Felton, California, 95018,
United States
Phone Number
1-800-489-3075
Email Us: sales@hexareports.com
Website: http://www.hexareports.com/
No comments:
Post a Comment