Governance, Risk and Compliance - The Cypriot Insurance Industry

A new research report is published by HTF Market Intelligence on 'Governance, Risk and Compliance - The Cypriot Insurance Industry' with 73 pages and in-depth assessment including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles, strategies and Growth Opportunities.

Get Access to sample pages @ https://www.htfmarketreport.com/sample-report/1489695-governance-risk-and-compliance-the-cypriot-insurance-industry

Summary
Governance, Risk and Compliance - The Cypriot Insurance Industry

Governance, Risk and Compliance - The Cypriot Insurance Industry' report is the result of extensive research into the insurance regulatory framework in Cyprus.

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 Data’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.

The report provides insights into the governance, risk and compliance framework pertaining to the insurance industry in Cyprus, including -
- An overview of the insurance regulatory framework in Cyprus.
- 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 Cyprus.
- 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

- Insurance Companies Control Service (ICCS) regulate the Cypriot insurance industry.
- The FDI regime of Cyprus allows up to 100% foreign participation in domestic insurance companies.
- Composite insurance is not permitted in Cyprus.
- Solvency II, which introduced new risk management standards for insurers, was implemented in the beginning of 2016.
- Employer’s liability insurance and motor third-party liability insurance are key compulsory insurance classes in Cyprus.

Scope

- The report covers details of the insurance regulatory framework in Cyprus.
- 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 Cyprus.
- Track the latest regulatory changes, and expected changes impacting the Cypriot 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 the Report

Read Detailed Table of Content @ https://www.htfmarketreport.com/reports/1489695-governance-risk-and-compliance-the-cypriot-insurance-industry

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 Social security
2.4.2 Motor third-party liabili
……continued

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

Buy this report @ https://www.htfmarketreport.com/buy-now?format=1&report=1489695

Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (206) 317 1218
sales@htfmarketreport.com

About Author:
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.

This release was published on openPR.