Market Report, "Governance, Risk and Compliance - The Turkish Insurance Industry", published

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

* An overview of the insurance regulatory framework in Turkey
* 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 Turkey
* 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/1073484_governance_risk_compliance.aspx?afid=301

Report Highlights

* The Turkish insurance industry is regulated by the Undersecretariat of Treasury.
* The Turkish insurance industry allows 100% foreign direct investment.
* The life and non-life insurance businesses in Turkey are regulated by the provisions of the Insurance Law 2007.
* The motor third-party liability insurance, liability insurance of a carrier to the passenger of the aircraft, and third-party liability insurance for hazardous activities are compulsory classes of insurance.
* Non-admitted insurance is not permitted in Turkey with a few exceptions.

Report Scope

* This report covers details of insurance regulatory framework of Turkey.
* The report contains details of rules and regulations governing insurance products and insurance entities.
* The report enlists and analyzes key trends and developments pertaining to the insurance regulatory framework of the country.
* The report analyzes rules and regulations pertaining to establishment and operation of insurance business in the country.
* The report provides details of taxation imposed on insurance products and companies.
* Legal system prevailing in the country has also been covered under the purview of the report.

Reasons to Get this Report

* Gain insights into the insurance regulatory framework in Turkey
* Track the latest regulatory changes, and expected changes impacting the Turkish 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.

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