Israeli Insurance Market Governance, Risk and Compliance Market Research Reports 2015

Synopsis

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

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 Scopeof 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 Israel, including:

• An overview of the insurance regulatory framework in Israel

• 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 Scopeof non-admitted insurance in Israel

• 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 Israel.

• The report contains details of the rules and regulations governing insurance products and insurance entities.

• The report lists and analyzes key trends and...