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Indian Insurance Industry: Governance, Risk and Compliance 2015

  • Date Submitted: 11/07/2015 01:25 AM
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7th Nov 2015, – Navi   Mumbai, India: Market reports on India presents the latest report on “Indian Insurance Industry: Governance, Risk and Compliance 2015”. 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.

Synopsis
'Governance, Risk and Compliance: The Indian Insurance Industry' report is the result of extensive research into the insurance regulatory framework in India. 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.

Summary
The report provides insights into the governance, risk and compliance framework pertaining to the insurance industry in India, including:

An overview of the insurance regulatory framework in India

The latest key changes, and changes expected in the countrys 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 India

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...

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