Governance, Risk and Compliance - The Belarusian Insurance Industry - New Study Released

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

* An overview of the insurance regulatory framework in Belarus.
* 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 Belarus.
* 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 Ministry of Finance (MoF) is the government body responsible for regulating and supervising the Belarusian insurance industry.
* Composite insurance is not permitted in the Belarusian insurance industry.
* Non-admitted insurance is not permitted. However, non-admitted reinsurance is permitted if local capacity is not available.
* Premium taxes are not imposed on insurance policies issued in the country.
* Workers' compensation, motor third-party liability, aviation liability and health insurance for foreigners are the key classes of compulsory insurance in Belarus.

Full Report Details at
- http://www.fastmr.com/prod/1099114_governance_risk_compliance.aspx?afid=301

Report Scope

* The report covers details of the insurance regulatory framework in Belarus.
* 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 Belarus.
* Track the latest regulatory changes, and expected changes impacting the Belarusian 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: Stravita, People's Insurance Belorucsky pension fund, Seventh Line, Belgosstrakh, Promtransinvest, Beleximgarant, JSIC B&B Insurance Co

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