New Market Research Report: Governance, Risk and Compliance - The Nepalese Insurance Industry

From: Fast Market Research, Inc.
Published: Fri Apr 08 2016


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

* An overview of the insurance regulatory framework in Nepal.
* 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 Nepal.
* 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/1130112_governance_risk_compliance.aspx?afid=301

Report Highlights

* The Nepalese insurance industry is governed and regulated by the Beema Samiti.
* Non-admitted insurance is prohibited by the law. However, unauthorized reinsurers may underwrite reinsurance business for risks originating in Nepal on a cross-border basis only.
* Insurance for accident at work and motor vehicle and transport management insurance are compulsory.
* Insurance premium tax is not imposed on insurance products and services.
* Composite insurance is not permitted.

Report Scope

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