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Home>Governance, Risk and Compliance within he Ivoirian Insurance Industry 2017 - Research and Markets

Governance, Risk and Compliance within he Ivoirian Insurance Industry 2017 - Research and Markets

Governance, Risk and Compliance within he Ivoirian Insurance Industry 2017 - Research and Markets

10/04/2017

Governance, Risk and Compliance within he Ivoirian Insurance Industry 2017 - Research and Markets

The "Governance, Risk and Compliance - The Ivoirian Insurance Industry" report has been added to Research and Markets' offering.

The 'Governance, Risk and Compliance - The Ivoirian Insurance Industry' report is the result of extensive research into the insurance regulatory framework in Cte d'Ivoire .

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.

Summary:

  • An overview of the insurance regulatory framework in Cte d'Ivoire.
  • 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 Cte d'Ivoire.
  • 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.

Key Highlights:

  • The Ivoirian insurance industry is regulated by the CRCA at the regional level and by the DA at the national level.
  • Composite insurance is not permitted in Cte d'Ivoire.
  • 100% FDI is permitted in the Ivoirian insurance industry.
  • Insurance companies from CIMA member states are permitted to operate in Cte d'Ivoire without a license.
  • Key classes of compulsory insurance include motor third-party liability insurance and professional indemnity insurance for insurance intermediaries.

Key Topics Covered:

1 INTRODUCTION

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