Japanese Insurance Industry Report 2016 - Governance, Risk and Compliance - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Governance, Risk and Compliance - The Japanese Insurance Industry" report to their offering.

The Governance, Risk and Compliance - The Japanese Insurance Industry report is the result of extensive research into the insurance regulatory framework in Japan.

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 The 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:

- An overview of the insurance regulatory framework in Japan.

- 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 Japan.

- 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.

Key Highlights:

- The Japanese insurance industry is regulated by the Financial Services Agency and the Local Finance Bureau of the Ministry of Finance.

- 100% FDI is permitted in the Japanese insurance industry.

- Composite insurance is not permitted in Japan, however both life and non-life insurers are permitted to operate accident and health insurance business.

- Non-admitted insurance is not permitted in the Japanese insurance industry with a few exceptions.

- Automobile liability, workers' accident compensation and nuclear risk liability are compulsory classes of insurance.

Key Topics Covered:

1 Introduction

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

2.4 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

Companies Mentioned

  • General Insurance Rating Organization of Japan
  • Insurance Policyholders Protection Corporation

For more information visit http://www.researchandmarkets.com/research/f8xfhk/governance_risk

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Insurance

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Insurance