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

From: Fast Market Research, Inc.
Published: Tue Oct 20 2015


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

* An overview of the insurance regulatory framework in Macau
* 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 scope of non-admitted insurance in Macau
* 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 Macau

Report Highlights

* The Macanese insurance industry is regulated by the Monetary Authority of Macau.
* Macau's FDI regime allows 100% foreign ownership in domestic insurance companies.
* Non-admitted insurance in general is not permitted in Macau. However, the placement of insurance contracts with an unlicensed entity is permitted only with prior approval from the AMCM.
* Composite insurance is not permitted in Macau.
* Motor third-party liability insurance and employee's compensation insurance are compulsory in Macau.

Full Report Details at
- http://www.fastmr.com/prod/1062363_governance_risk_compliance.aspx?afid=302

Report Scope

* The report covers details of the insurance regulatory framework in Macau.
* 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 country's insurance regulatory framework.
* The report analyzes the rules and regulations pertaining to the establishment and operation of insurance businesses in the country.
* The report provides details of taxation imposed on insurance products and insurance companies.

Reasons to Get this Report

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

Companies Mentioned in this Report: American International Assurance Co. (B) Ltd, China Life Insurance (Overseas) Company Ltd, Macau Life Insurance Company Ltd, Manulife (International) Ltd

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)

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

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