DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/3xkvtn/governance_risk) has announced the addition of the "Governance, Risk and Compliance - The Belizean Insurance Industry" report to their offering.
'Governance, Risk and Compliance - The Belizean Insurance Industry' report is the result of extensive research into the insurance regulatory framework in Belize. 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.
The report brings together research, modeling and analysis expertise, giving insurers access to information on prevailing insurance regulations, recent and upcoming changes in 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 Belize, including:
- An overview of the insurance regulatory framework in Belize.
- The latest key changes and changes expected in Belizean insurance regulatory framework.
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Key regulations and market practices related to different types of
insurance product in the country.
Scope:
- This report covers details of the insurance regulatory framework in Belize.
- The report contains details of rules and regulations governing insurance products and insurance entities.
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The report lists and analyzes key trends and developments pertaining
to the Belizean insurance regulatory framework.
Key Highlights:
- The Belizean insurance industry is regulated by the Office of the Supervision and International Financial Services Commission
- Composite insurance is not permitted in the Belizean insurance industry
- Motor third-party liability insurance and professional liability insurance for insurance brokers are compulsory classes of insurance
- Non-admitted insurance is prohibited by law. However, reinsurers are permitted to operate without obtaining a license
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100% FDI is permitted in the Belizean insurance industry
Key Topics Covered:
1 Introduction
2 Governance, Risk and Compliance
3 Appendix
For more information visit http://www.researchandmarkets.com/research/3xkvtn/governance_risk
