DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/4rhbhr/governance_risk) has announced the addition of the "Governance, Risk and Compliance - The Turkmenistan Insurance Industry" report to their offering.
'Governance, Risk and Compliance - The Turkmen Insurance Industry' report is the result of extensive research into the insurance regulatory framework in Turkmenistan. 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 operations of insurance and reinsurance companies and intermediaries.
The report brings together research, modeling and analysis expertise, giving insurers access to information on insurance regulations, recent and upcoming changes in regulatory framework, taxation and legal system in the country. The report also includes the scope of non-admitted insurance in the country.
Key Highlights
- Ministry of Finance (MOF) is responsible for the development and implementation of insurance activities in Turkmenistan.
- The government of Turkmenistan allows 49% foreign direct investment in the country's insurance industry.
- Effective from March 1, 2013, ecological insurance was made compulsory for all types of business organizations conducting activities that carry environmental risk.
- Composite insurance is permitted in Turkmenistan.
- Insurance products and services are exempt from VAT.
Key Topics Covered:
Table of Contents
1 Introduction
2 Governance, Risk and Compliance
2.1 Legislation Overview and Historical Evolution
2.2 Latest Changes in Regulations
2.3 Legislation Trends by Type of Insurance
2.4 Compulsory Insurance
2.5 Supervision and Control
2.6 Non-Admitted Insurance Regulations
2.7 Company Registration and Operations
2.8 Taxation
2.9 Legal System
3 Appendix
For more information visit http://www.researchandmarkets.com/research/4rhbhr/governance_risk
