Dominican Republic Insurance Industry Governance, Risk and Compliance Report 2018 - ResearchAndMarkets.com

DUBLIN--()--The "Governance, Risk and Compliance - The Dominican Republic Insurance Industry" report has been added to ResearchAndMarkets.com's offering.

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

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 Dominican Republic.
  • 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 Dominican Republic.
  • 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 Dominican insurance industry is regulated by the Superintendent of Insurance.
  • 100% foreign direct investment is permitted in the Dominican insurance industry.
  • Composite insurance is not permitted in the Dominican Republic, although both life and non-life insurers are permitted to operate accident and health insurance business.
  • Motor third-party liability, workers' compensation and public health insurance are compulsory.
  • Non-admitted insurers are not permitted in the Dominican insurance industry.

For more information about this report visit https://www.researchandmarkets.com/research/7c23k9/dominican?w=4

Contacts

ResearchAndMarkets.com
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
Related Topics: Insurance

Contacts

ResearchAndMarkets.com
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
Related Topics: Insurance