Governance, Risk and Compliance - The Bermudian Insurance Industry - New Market Report

The report provides insights into the governance, risk and compliance framework relating to the insurance industry in Bermuda, including:

* An overview of the insurance regulatory framework in Bermuda.
* The latest key changes, and changes expected in the Bermudian 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 Bermuda.
* Key GRC parameters including licensing requirements, permitted foreign direct investment, minimum capital requirements, solvency requirements, reserve requirements, and investment regulations.
* Details of the tax and legal systems in the country.

* The Bermuda Monetary Authority (BMA) is the government regulatory body supervising and regulating the Bermudian insurance and reinsurance industry.
* Composite insurers are permitted in the Bermudian insurance industry.
* FDI up to 100% is permitted in the insurance industry of Bermuda.
* Health insurance, motor third-party liability insurance and workmen's compensation insurance are the key classes of compulsory insurance in the Bermudian insurance industry.
* The government of Bermuda does not impose any tax on corporate incomes, capital gains and dividends. This no tax regime of Bermuda extends until 2016.

Full Report Details at
- http://www.fastmr.com/prod/1025004_governance_risk_compliance.aspx?afid=301

* This report covers details of the insurance regulatory framework in Bermuda.
* The report contains details of rules and regulations governing insurance products and insurance entities.
* The report lists and analyzes key trends and developments pertaining to the Bermudian insurance regulatory framework.
* The repot analyzes rules and regulations pertaining to the establishment and operation of insurance business in the country.
* The report provides details of taxation imposed on insurance products and companies.

* Gain insights into the insurance regulatory framework in Bermuda.
* Track latest regulatory changes and expected changes impacting the Bermudian insurance industry
* Gain detailed information about key regulations governing the establishment and operation of insurance entities in the country
* Understand key regulations and market practices relating to various types of insurance product.

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