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

Boston, MA -- (SBWire) -- 10/16/2015 --The report provides insights into the governance, risk and compliance framework pertaining to the insurance industry in Burkina Faso , including:

-An overview of the insurance regulatory framework in Burkina Faso
-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 Burkina Faso
-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

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

Report Highlights

-The Burkina Faso's insurance industry is regulated by the CRCA at the regional level and by the DNA at the national level.
-Key classes of compulsory insurance include motor third-party liability insurance and professional indemnity insurance for insurance intermediaries.
-Insurance companies from CIMA member states are permitted to operate in Burkina Faso without a license.
-100% FDI is permitted in the Burkina Faso's insurance industry.
-Composite insurance is not permitted in Burkina Faso.

Report Scope

-The report covers details of the insurance regulatory framework in Burkina Faso.
-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 Burkina Faso.
-Track the latest regulatory changes, and expected changes impacting the Burkina Faso's 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.

Companies Mentioned in this Report: Union des Assurances du Burkina Faso (UAB), Assurances Generales de France (AGF), Africa Re, CICA RE, Allianz Burkina Assurances Vie, Generale des Assurances Vie, Sonar Vie, Allianz Burkina Assurances, Colina Assurances, Coris Assurances, Generale des Assurances du Burkina

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