DUBLIN--(BUSINESS WIRE)--The "Governance, Risk and Compliance - The Angolan Insurance Industry" report has been added to ResearchAndMarkets.com's offering.
The 'Governance, Risk and Compliance - The Angolan Insurance Industry' report is the result of extensive research into the insurance regulatory framework in Angola.
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.
Summary
- An overview of the insurance regulatory framework in Angola.
- 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 Angola.
- 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 Angolan insurance industry is regulated and supervised by the Angolan Agency of Regulation and Supervision of Insurance (ARSEG) under the Ministry of Finance.
- Workmen's compensation, motor third-party liability and aircraft liability insurance are the key classes of compulsory insurance in Angola.
- Composite insurers are permitted in the Angolan insurance industry.
- Non-admitted insurance is not permitted in the Angolan insurance industry.
- Insurance taxes issued in Angola are free from premium taxes.
For more information about this report visit https://www.researchandmarkets.com/research/tdvxk4/angola_insurance?w=4
