Press release
Malaysia Insurance Market Outlook 2021: Big Things are Happening
HTF Market Intelligence released a new research report of 82 pages on title 'Malaysia Insurance Industry - Governance, Risk and Compliance’ with detailed analysis, forecast and strategies (2021-2026). The market Study is segmented by key a region that is accelerating the marketization. The study covers key regions that include North America, Europe or Asia Pacific.Request a sample report @ https://www.htfmarketreport.com/sample-report/3382205-malaysia-insurance-industry
Summary
Malaysia Insurance Industry - Governance, Risk and Compliance
HTF MI’s ‘Malaysia Insurance Industry - Governance, Risk and Compliance’ report is the result of extensive research into the insurance regulatory framework in Malaysia.
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 HTF MI’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.
Key Highlights
- BNM, under the Ministry of Finance regulates the Malaysian insurance industry.
- The provisions of the FSA, which came into force on June 30, 2013, regulate the life and non-life insurance businesses in Malaysia.
- The Malaysian government permits FDI up to a limit of 70% in the insurance industry.
- Composite insurance is not permitted in Malaysia.
- Non-admitted insurers and intermediaries are not permitted in the Malaysian insurance industry.
The report provides insights into the governance, risk, and compliance framework pertaining to the insurance industry in Malaysia, including -
- An overview of the insurance regulatory framework in Malaysia.
- 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 the country.
- 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 Malaysia.
- 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
- Provides FAQ-style analytical insights comprising 129 knowledge elements on insurance compliance applicable to the country.
- Gain insights into the insurance regulatory framework in Malaysia.
- Track the latest regulatory changes, and expected changes impacting the Malaysian 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.
Table of Contents
MALAYSIA
Legislation Overview
Supervision and Control
Legislation
Compulsory In
....Continued
Buy this report @ https://www.htfmarketreport.com/buy-now?format=1&report=3382205
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia Pacific.
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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”.
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