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Report Name:Governance, Risk and Compliance – The Comorian Insurance Industry
Issue Date:June 2017
Price:$950
Brief:The report provides insights into the governance, risk and compliance framework pertaining to the insurance industry in Comoros, including:

• An overview of the insurance regulatory framework in Comoros.

• 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 Comoros.

• 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:
Key Highlights:• The Comorian insurance industry is regulated by the CRCA at the regional level and by the BCC at the national level • Composite insurance is not permitted in the Comoros. • Insurance companies from CIMA member states are permitted to operate in the Comoros without a license. • 100% FDI is permitted in the Comorian insurance industry. • Key classes of compulsory insurance include motor third-party liability insurance and professional indemnity insurance for insurance intermediaries.
Reasons To Buy:• Gain insights into the insurance regulatory framework in Comoros. • Track the latest regulatory changes, and expected changes impacting the Comorian 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.




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