Bangladeshi Insurance Industry 2017 Market Challenge, Driver, Trends & Forecast to 2022

WiseGuyReports.com with their unique quality of simplifying the market research study, presents a deep diving study report “Governance, Risk and Compliance – The Bangladeshi Insurance Industry”

Pune, India - May 2, 2018 /MarketersMedia/ —

Synopsis 

'Governance, Risk and Compliance – The Bangladeshi Insurance Industry report is the result of extensive research into the insurance regulatory framework in Bangladesh.
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.
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Summary 
The report provides insights into the governance, risk and compliance framework pertaining to the insurance industry in Bangladesh, including:
• An overview of the insurance regulatory framework in Bangladesh.
• 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 Bangladesh.
• 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 Bangladesh.
• 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 Bangladesh.
• Track the latest regulatory changes, and expected changes impacting the Bangladeshi 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 Bangladeshi insurance industry is regulated by the Insurance Development and Regulatory Authority.
• The practice of non-admitted insurance is limited to reinsurance in Bangladesh.
• 60% foreign direct investment is permitted in the Bangladeshi insurance industry.
• Composite insurance is not permitted in Bangladesh.
• Motor third-party liability, and workmen’s compensation insurance are compulsory in Bangladesh.
 
 
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 Motor third-party liability insurance 
      2.4.2 Workmen’s compensation insurance      
     .Continued
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About Us
Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. 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.

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Release ID: 339568