Governance, Risk and Compliance - the Libyan Insurance Industry

Most up-to-date research on "Governance, Risk and Compliance - The Libyan Insurance Industry" to its huge collection of research reports.

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

An overview of the insurance regulatory framework in Libya.

The latest key changes, and changes expected in the Libyan 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 Libya.

Key GRC parameters including licensing requirements, permitted foreign direct investment, minimum capital requirements, solvency requirements, reserve requirements, and investment regulations.

Details of the tax and legal systems in the country.

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Executive summary

Timetric’s 'Governance, Risk and Compliance - The Libyan Insurance Industry' report is the result of extensive research into the insurance regulatory framework in Libya. 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.

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