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Bahraini Insurance Industry Market Trends, Size and Growth Analysis 2017 To 2022

05-01-2018 12:08 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: WISEGUY RESEARCH CONSULTANTS PVT LTD

/ PR Agency: WISEGUY RESEARCH CONSULTANTS PVT LTD
Bahraini Insurance Industry Market Trends, Size and Growth

Bahraini Insurance Industry Market
Synopsis 
'Governance, Risk and Compliance – The Bahraini Insurance Industry' report is the result of extensive research into the insurance regulatory framework in Bahrain.
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 scope of non-admitted insurance in the country.
 
 Click here for sample report @ http://www.wiseguyreports.com/sample-request/921348-governance-risk-and-compliance-the-bahraini-insurance-industry
Summary 
The report provides insights into the governance, risk and compliance framework pertaining to the insurance industry in Bahrain, including:
• An overview of the insurance regulatory framework in Bahrain.
• 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 Bahrain.
• 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 Bahrain.
• 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 Buy 
• Gain insights into the insurance regulatory framework in Bahrain.
• Track the latest regulatory changes, and expected changes impacting the Bahraini 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.
Key Highlights 
• The Bahraini insurance industry is regulated by the Central Bank of Bahrain.
• The government of Bahrain allows 100% foreign direct investment in the insurance industry.
• Composite insurance has not been permitted in Bahrain since April 1, 2005; however, composite insurers established prior to April 1, 2005 are permitted to operate.
• Motor third-party liability and workers’ compensation insurance are mandatory in Bahrain.
• Non-admitted insurance is prohibited in Bahrain; However, reinsurance companies can operate in the country on a cross-border basis only.
 
Table of Contents 
Table of Contents 
1 INTRODUCTION 
    1.1 What is this Report About? 
    1.2 Definitions 
2 GOVERNANCE, RISK AND COMPLIANCE 
    2.1 Legislation Overview and Historical Evolution 
    2.2 Latest Changes in Regulation 
    2.3 Legislation and Market Practice by Type of Insurance 
      2.3.1 Life insurance 
      2.3.2 Property insurance 
      2.3.3 Motor insurance 
      2.3.4 Liability insurance 
      2.3.5 Marine, aviation and transit insurance 
      2.3.6 Personal accident and health insurance 
    2.4 Compulsory Insurance 
      2.4.1 Motor third party liability insurance 
      2.4.2 Professional indemnity insurance for insurance brokers and insurance consultants 
      2.4.3 Social insurance law 
      2.4.4 Liability for ships with respect to oil pollution 
      2.4.5 Health insurance scheme for national employees and expatriates  
     .Continued
For Detailed Reading Please visit @ https://www.wiseguyreports.com/reports/921348-governance-risk-and-compliance-the-bahraini-insurance-industry

Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available. We also provide COTS (Commercial off the Shelf) business sector reports as custom exploration agreeing your particular needs.

WISEGUY RESEARCH CONSULTANTS PVT LTD
Office No. 528, Amanora Chambers
Pune - 411028
Maharashtra, India

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