Governance, Risk and Compliance - The Belizean Insurance Industry - New Market Research Report

From: Fast Market Research, Inc.
Published: Fri Sep 18 2015


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

* An overview of the insurance regulatory framework in Belize.
* The latest key changes and changes expected in Belizean 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 Belize.
* 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.

Full Report Details at
- http://www.fastmr.com/prod/1037861_governance_risk_compliance.aspx?afid=302

Report Highlights

* The Belizean insurance industry is regulated by the Office of the Supervision and International Financial Services Commission
* Composite insurance is not permitted in the Belizean insurance industry
* Motor third-party liability insurance and professional liability insurance for insurance brokers are compulsory classes of insurance
* Non-admitted insurance is prohibited by law. However, reinsurers are permitted to operate without obtaining a license
* 100% FDI is permitted in the Belizean insurance industry

Report Scope

* This report covers details of the insurance regulatory framework in Belize.
* The report contains details of rules and regulations governing insurance products and insurance entities.
* The report lists and analyzes key trends and developments pertaining to the Belizean insurance regulatory framework.
* The repot analyzes rules and regulations pertaining to the establishment and operation of insurance business in the country.
* The report provides details of taxation imposed on insurance products and companies.

Reasons to Get this Report

* Gain insights into the insurance regulatory framework in Belize.
* Track latest regulatory changes and expected changes impacting the Belizean insurance industry
* Gain detailed information about key regulations governing the establishment and operation of insurance entities in the country
* Understand key regulations and market practices relating to various types of insurance product.

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Governance, Risk and Compliance - The Indian Insurance Industry
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- Governance, Risk and Compliance - The Chinese Insurance Industry
- Governance, Risk and Compliance - The Jamaican Insurance Industry

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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