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

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

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

Report Highlights

* The Supervisory Authority of Insurance and Social Welfare replaced Department of Insurance and Social Welfare as the new insurance regulatory authority, effective from March 2014.
* Motor third-party liability insurance and workmen's compensation insurance are mandatory.
* The life and non-life insurance segments in Morocco are regulated by the provisions of the Code of Insurance.
* Non-admitted insurance is not usually allowed, although there are some exceptions.
* Foreign investors are allowed to have 100% ownership of insurance companies in Morocco.

Full Report Details at
- http://www.fastmr.com/prod/1064191_governance_risk_compliance.aspx?afid=301

Report Scope

* The report covers details of the insurance regulatory framework in Morocco.
* 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 Morocco.
* Track the latest regulatory changes, and expected changes impacting the Moroccan 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: Central Reinsurance Corporation (SCR), Partner Re, Mutuelle Centrale de Reassurance (MCR), Moroccan Agricultural Mutual Insurance (Mamda), Africa Re

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