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

From: Fast Market Research, Inc.
Published: Tue Sep 22 2015


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

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

Full Report Details at
- http://www.fastmr.com/prod/1033622_governance_risk_compliance.aspx?afid=301

Report Highlights

* The Botswanan insurance industry is regulated by the Non-bank Financial Institutions Regulatory Authority.
* Motor third-party liability, aviation and professional indemnity are all mandatory insurance classes of insurance in Botswana.
* Composite insurance is not permitted in Botswana. However, life insurance companies are permitted to operate in accident and health insurance business.
* 100% FDI is permitted in the Botswanan insurance industry.
* Non-admitted insurance is prohibited. However, risks not covered by local insurers can be insured by unauthorized insurers.

Report Scope

* This report covers details of the insurance regulatory framework in Botswana.
* 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 Botswanan insurance regulatory framework.
* The report 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 Botswana.
* Track latest regulatory changes and expected changes impacting the Botswanan 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.

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

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- Governance, Risk and Compliance - The Hong Kong Insurance Industry
- Governance, Risk and Compliance - The Chilean Insurance Industry

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
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Contact Phone: 1-413-485-7001

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