Submitted by: Submitted by ameliadavis321
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Words: 1113
Pages: 5
Category: Other Topics
Date Submitted: 09/14/2015 12:54 AM
Governance, Risk and Compliance - The UK Insurance Industry
Released On 14th September 2015
Synopsis
Governance, Risk and Compliance The UK Insurance Industry report is the result of extensive research into the insurance regulatory framework in the UK. 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 Timetrics 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.
Summary
The report provides insights into the Governance, risk and compliance framework pertaining to the insurance industry in the UK, including:
An overview of the insurance regulatory framework in the UK.
The latest key changes, and changes expected in the countrys 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 the UK
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 the UK.
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 countrys insurance regulatory framework.
The report...