Now Available: Governance, Risk and Compliance - The Ethiopian Insurance Industry

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

* An overview of the insurance regulatory framework in Ethiopia.
* The latest key changes and changes expected in Ethiopian 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 Ethiopia .
* 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.

Report Highlights

* The Ethiopian insurance industry is regulated by the National Bank of Ethiopia.
* Motor third-party liability insurance and professional indemnity insurance for insurance intermediaries are compulsory classes of insurance.
* Composite insurance is permitted in Ethiopia.
* The government does not permit FDI in the insurance industry.
* Non-admitted insurance is prohibited in Ethiopia. However, unauthorized reinsurance companies can reinsure risks located in Ethiopia on a cross-border basis.

Full Report Details at
- http://www.fastmr.com/prod/1040129_governance_risk_compliance.aspx?afid=301

Report Scope

* This report covers details of the insurance regulatory framework in Ethiopia.
* 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 Ethiopian 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.

Reasons to Get this Report

* Gain insights into the insurance regulatory framework in Ethiopia.
* Track latest regulatory changes and expected changes impacting the Ethiopian 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.

Companies Mentioned in this Report: Imperial Insurance Company, Ethiopian Insurance Corporation

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