Just Published: "Governance, Risk and Compliance - The Yemeni Insurance Industry"

From: Fast Market Research, Inc.
Published: Mon Oct 12 2015

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

* An overview of the insurance regulatory framework in Yemen
* 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 Yemen
* 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

Full Report Details at
- http://www.fastmr.com/prod/1058216_governance_risk_compliance.aspx?afid=301

Report Highlights

* The Ministry of Industry and Trade, the regulatory authority, is responsible for the protection of consumer interests and the development of the insurance industry.
* Foreign direct investment in a Yemeni insurance company is allowed up to a maximum of 49%. However, foreign reinsurers can open branches in Yemen by obtaining a license from the Ministry of Industry and Trade.
* The government of Yemen is planning to introduce the Social Health Insurance Law in the country, which will make health insurance mandatory for government employees.
* Non-admitted insurance is not permitted in Yemen.
* Insurance companies operating in Yemen are not subject to solvency requirement.

Report Scope

* The report covers details of the insurance regulatory framework in Yemen.
* 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 Yemen.
* Track the latest regulatory changes, and expected changes impacting the Yemeni 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.

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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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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