Australian Insurance Industry 2017 - Opportunity, Driving Trends and deep study 2022

Australian Insurance Industry

Summary 

'Governance, Risk and Compliance – The Australian Insurance Industry' report is the result of extensive research into the insurance regulatory framework in Australia.

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 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/508063-governance-risk-and-compliance-the-australian-insurance-industry

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

An overview of the insurance regulatory framework in Australia.
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 Australia.
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 Australia.

The report contains details of the rules and regulations governing insurance products and 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 companies.
Reasons To Buy 
• Gain insights into the insurance regulatory framework in Australia.

Track the latest regulatory changes, and expected changes impacting the Australian 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 Australian insurance industry is regulated by the Australian Prudential Regulatory Authority and the Australian Securities and Investment Commission.

Non-admitted insurance is not permitted in Australia.
100% foreign direct investment is permitted in the Australian insurance industry.
Composite insurance is not permitted in Australia.
Insurance premium tax is not imposed; instead stamp duty is enforced and regulated by each individual state.

  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 Regulations 
    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 Aircraft passenger liability insurance 
      2.4.2 Motor third-party liability (MTPL) insurance regulations 
      2.4.3 Workmen’s compensation insurance 
      2.4.4 Liability insurance for ships with respect to oil pollution 

  .Continued

For Detailed Reading Please visit @ https://www.wiseguyreports.com/reports/508063-governance-risk-and-compliance-the-australian-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

This release was published on openPR.