New Study: Governance, Risk and Compliance - The Jamaican Insurance Industry

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

* An overview of the insurance regulatory framework in Jamaica.
* 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 Jamaica.
* 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/1154353_governance_risk_compliance.aspx?afid=301

Report Highlights

* The Financial Services Commissions is responsible for regulating the Jamaican insurance industry. It protects consumer rights and promotes development of country's insurance industry.
* The government of Jamaica permits 100% foreign direct investment in country's insurance industry.
* The practice of non-admitted insurance is not permitted in the Jamaican insurance industry.
* The government of Jamaica is planning to introduce the National Health Insurance Scheme in the country under the National Health Fund Act.
* The Insurance Association of Jamaica provides support service to the insurance industry by effective lobbying, providing relevant information helpful for decision making, providing avenues for addressing common concerns and promoting sound industry practices and ethical conducts of members.

Report Scope

* The report covers details of the insurance regulatory framework in Jamaica.
* 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 Jamaica.
* Track the latest regulatory changes, and expected changes impacting the Jamaican 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)

You may also be interested in these related reports:

- Governance, Risk and Compliance - The Swiss Insurance Industry
- Governance, Risk and Compliance - The Egyptian Insurance Industry
- Governance, Risk and Compliance - The Vietnamese Insurance Industry
- Governance, Risk and Compliance - The Indian Insurance Industry
- Governance, Risk and Compliance - The Peruvian Insurance Industry