Fast Market Research

Now Available: Governance, Risk and Compliance - the Bahraini Insurance Industry

Fast Market Research announces the availability of the new Timetric report, "Governance, Risk and Compliance - The Bahraini Insurance Industry", on their comprehensive research portal

 

Boston, MA -- (SBWIRE) -- 11/27/2015 -- The report provides insights into the governance, risk and compliance framework pertaining to the insurance industry in Bahrain, including:

-An overview of the insurance regulatory framework in Bahrain
-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 Bahrain
-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

Report Highlights

Get More Details on this Report and a Full Table of Contents at Governance, Risk and Compliance - The Bahraini Insurance Industry

-The Bahraini insurance industry is regulated by the Central Bank of Bahrain.
-The government of Bahrain allows 100% foreign direct investments in the insurance industry.
-Composite insurance is not permitted in Bahrain since April 1, 2005. However, composite insurers established prior to April 1, 2005 are permitted to operate.
-Motor third-party liability and workers' compensation insurance are mandatory in Bahrain.
-Non-admitted insurance is prohibited in Bahrain. However, reinsurance companies can operate in the country on a cross-border basis only.

Report Scope

-The report covers details of the insurance regulatory framework in Bahrain.
-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 Get this Report

-Gain insights into the insurance regulatory framework in Bahrain.
-Track the latest regulatory changes, and expected changes impacting the Bahraini 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.

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