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Tuesday, 22 September 2015

Governance, Risk and Compliance - The Kuwaiti Insurance Industry

Synopsis

The report provides insights into the governance, risk and compliance framework pertaining to the insurance industry in Kuwait, including:
An overview of the insurance regulatory framework in Kuwait
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 Kuwait
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

Executive summary

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Governance, Risk and Compliance – The Kuwaiti Insurance Industry report is the result of extensive research into the insurance regulatory framework in Kuwait. 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.

To Download Sample Report With TOC@ http://www.researchmoz.us/enquiry.php?type=sample&repid=363005

Scope

The report covers details of the insurance regulatory framework in Kuwait.
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 Kuwait.
Track the latest regulatory changes, and expected changes impacting the Kuwaiti 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 Kuwaiti insurance industry is regulated by the Ministry of Commerce and Industry.
100% FDI is permitted in the Kuwaiti insurance industry.
Motor third-party liability insurance and liability insurance for pleasure crafts are compulsory classes of insurance in Kuwait.
Composite insurance is permitted in the Kuwaiti insurance industry.
Non-admitted insurance is prohibited in Kuwait with few exceptions.

To Enquire Regarding This Report@ http://www.researchmoz.us/enquiry.php?type=enquiry&repid=363005

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