Description
Timetric's
'Governance, Risk and Compliance - The Seychellois Insurance Industry' report
is the result of extensive research into the insurance regulatory framework in
Seychelles.
It
provides detailed analysis of the insurance regulations for life, property,
motor, liability, personal accident and health, and marine, aviation and
transit insurance. The report specifies various requirements for the
establishment and operation of insurance and reinsurance companies and
intermediaries.
The
report brings together Timetric's research, modeling and analysis expertise,
giving insurers access to information on prevailing insurance regulations, and
recent and upcoming changes in the regulatory framework, taxation and legal
system in the country. The report also includes the scope of non-admitted
insurance in the country.
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Summary
The
report provides insights into the governance, risk and compliance framework
pertaining to the insurance industry in Seychelles, including:
•
An overview of the insurance regulatory framework in Seychelles.
•
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 Seychelles.
•
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.
Scope
•
The report covers details of the insurance regulatory framework in Seychelles.
•
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 Buy
•
Gain insights into the insurance regulatory framework in Seychelles.
•
Track the latest regulatory changes, and expected changes impacting the
Seychellois 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.
View Full Report at- https://www.radiantinsights.com/research/governance-risk-and-compliance-the-seychellois-insurance-industry?utm_source=Pr&utm_campaign=Nikkhhil
Key Highlights
•
The FSA is the government regulatory body responsible for supervising and
regulating the Seychellois insurance industry.
•
Composite insurance license is not issued by the FSA; however, a professional
reinsurer may carry out both life and non-life insurance business. In addition,
an insurer whose one class of insurance business is incidental, in terms of
premium income, to the principal insurance business may be authorized by the
FSA to carry out both life and non-life insurance business.
•
The government permits 100% foreign direct investment in the Seychellois
insurance industry.
•
Insurance policies issued in the country are exempt from premium taxes.
•
The placement of non-admitted insurance is not permitted
About Us
Radiant
Insights is a market research and consulting company offering syndicated
research studies, customized reports, and consulting services. Our market
research studies are designed to facilitate strategic decision making, on the
basis of extensive and in-depth quantitative information, supported by
extensive analysis and industry insights. Using a patented and robust research
methodology, we publish exhaustive research reports covering a host of
industries such as Technology, Chemicals, Materials, and Energy. Radiant Insights
has a strong base of analysts, consultants and domain experts, with global
experience helping us deliver excellence in all research projects we undertake
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