DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Governance, Risk and Compliance - The German Insurance Industry" report to their offering.
The 'Governance, Risk and Compliance - The German Insurance Industry' report is the result of extensive research into the insurance regulatory framework in Germany.
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.
- Bafin is the insurance regulator supervising and regulating federally regulated insurance and reinsurance companies. In addition, each state has its own insurance regulator.
- Composite insurance is not permitted in Germany.
- The German government permits 100% foreign direct investment in its insurance industry.
- The German government imposes corporate income tax at 15%; capital gains and dividends are exempt from taxation.
- The placement of non-admitted insurance is not permitted in the German insurance industry, with a few exceptions.
Key Topics Covered:
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
2.9 Legal System
For more information about this report visit http://www.researchandmarkets.com/research/kk22jc/governance_risk