The report provides insights into the governance, risk and compliance framework pertaining to the insurance industry in Mexico, including:
* An overview of the insurance regulatory framework in Mexico.
* The latest key changes, and changes expected in the Mexican 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 Mexico.
* Key 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/1073485_governance_risk_compliance.aspx?afid=301
Report Highlights
* The Mexican insurance industry is regulated by the Comision Nacional de Seguros y Fianzas.
* Insurance premiums are exempt from insurance premium tax in Mexico except for medical and personal accident insurance policies, which are subject to an insurance premium tax of 16%.
* Non-admitted insurance is prohibited in Mexico except for few classes of insurance.
* FDI is permitted in the Mexican insurance industry up to 100%.
* Composite insurance is not permitted in Mexico. However, life insurance companies are permitted to underwrite health and accident insurance business.
Report Scope
* The report covers details of the insurance regulatory framework in Mexico.
* 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 Mexican insurance regulatory framework.
* The report analyzes the 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 Mexico.
* Track the latest regulatory changes, and expected changes impacting the Mexican 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 relating to various types of insurance product.
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Now Available: Governance, Risk and Compliance - The Mexican Insurance Industry
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001