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The Zambian Insurance Global Market 2017: Key Players African Risk Capacity Ltd, Africa Re, Zep-PTA Re

12-20-2017 11:58 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: WISE GUY RESEARCH CONSULTANTS PVT LTD

/ PR Agency: WISE GUY RESEARCH CONSULTANTS PVT LTD
The Zambian Insurance

The Zambian Insurance

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

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.

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Companies mentioned
African Risk Capacity Ltd
Africa Re
Zep-PTA Re

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.

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

• An overview of the insurance regulatory framework in Zambia.
• 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 .
• 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 Zambia.
• 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 Zambia.
• Track the latest regulatory changes, and expected changes impacting the Zambian 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 insurance industry of Zambia is regulated by the PIA.
• 100% FDI is permitted in the Zambian insurance industry.
• Composite insurers are not permitted in the Zambian insurance industry.
• Motor third-party liability, aviation liability and social insurance are the key compulsory classes of insurance in Zambia.
• Non-admitted insurance is not permitted in the Zambian insurance industry.

Table of Content: Key Points
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 Aviation liability insurance
2.4.3 Social insurance system
2.4.4 Professional indemnity and fidelity insurance for insurance brokers
2.4.5 Group funeral assistance insurance scheme
2.5 Supervision and Control
…Continued

ACCESS REPORT @ https://www.wiseguyreports.com/reports/2470855-governance-risk-and-compliance-the-zambian-insurance-industry

Get in touch:
LinkedIn: www.linkedin.com/company/4828928
Twitter: https://twitter.com/WiseGuyReports
Facebook: https://www.facebook.com/Wiseguyreports-1009007869213183/?fref=ts

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.

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

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