The Zambian Insurance Market 2017 – Current and Future Plans

Pune, India, 20th December 2017: WiseGuyReports announced addition of new report, titled “Governance, Risk and Compliance – The Zambian Insurance Industry”.

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.

 

GET SAMPLE REPORT @https://www.wiseguyreports.com/sample-request/2470855-governance-risk-and-compliance-the-zambian-insurance-industry           

 

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    

Media Contact
Company Name: Wiseguyreports.com
Contact Person: Norah Trent
Email: sales@wiseguyreports.com
Phone: +1 646 845 9349, +44 208 133 9349
City: Pune
State: Maharashtra
Country: India
Website: www.wiseguyreports.com