(MENAFNEditorial)
ALBANY NY July 2015 -- ResearchMoz.us includes new market research report " Governance Risk and Compliance - The Andorran and Fijian Insurance Industry: Industry Size Shares Growth Analysis Trends And Forecast" to its huge collection of research reports.
Andorran Insurance Industry:
'Governance Risk and Compliance – The Andorran Insurance Industry' report is the result of extensive research into the insurance regulatory framework in Andorra. 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 operations 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 recent and upcoming changes in regulatory framework taxation and legal system in the country. The report also includes the scope of non-admitted insurance in the country.
To Read the Complete Report with Toc Visit: report.html
Key highlights:-
The Andorran insurance industry is regulated by the Ministry of Finance.
100% FDI is permitted in the Andorran insurance industry.
Reinsurance premiums paid overseas are subject to withholding tax at a rate of 1.5%.
Non-admitted insurance is not permitted with a few exceptions.
Motor third-party liability insurance workers’ compensation insurance and health insurance are compulsory in Andorra.
Fijian Insurance Industry:
'Governance Risk and Compliance - The Fijian Insurance Industry report is the result of extensive research into the insurance regulatory framework in Fiji. 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 operations 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 recent and upcoming changes in regulatory framework taxation and legal system in the country. The report also includes the scope of non-admitted insurance in the country.
To Read the Complete Report with Toc Visit:
Key highlights
The Fijian insurance industry is regulated by the Reserve Bank of Fiji.
Non-admitted insurers and intermediaries are not permitted in the Fijian insurance industry. However non-admitted treaty and facultative reinsurers are permitted in Fiji.
The life and general insurance businesses in Fiji are regulated by the provisions of the Insurance Act 1998.
Motor third-party liability insurance and workmen’s compensation insurance are mandatory policies in Fiji.
The Fiji Islands Revenue and Customs Authority levies VAT at a rate of 12.5% on general insurance products whereas life insurance products and services are exempted.
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