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Governance, Risk and Compliance - The Burundian Insurance Industry - New Market Report.

[ClickPress, Tue Oct 27 2015]

The report provides insights into the governance, risk and compliance framework pertaining to the insurance industry in Burundi, including:

* An overview of the insurance regulatory framework in Burundi

* 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 Burundi

* 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

Full Report Details at


Report Highlights

* The Burundi an insurance industry is regulated by the ARCA.

* Motor third-party liability insurance is compulsory in Burundi.

* Composite insurance is not permitted in Burundi.

* Non-admitted insurance is not permitted by law. However, risks for which local capacity is not available are permitted to be placed with unauthorized insurers.

* 100% FDI is permitted in the Burundian insurance industry.

Report Scope

* The report covers details of the insurance regulatory framework in Burundi.

* The report contains details of the rules and regulations governing insurance products and insurance entities.

* The report lists and analyzes key trends and developments pertaining to the country's insurance regulatory framework.

* The report analyzes the rules and regulations pertaining to the establishment and operation of insurance businesses in the country.

* The report provides details of taxation imposed on insurance products and insurance companies.

Reasons to Get this Report

* Gain insights into the insurance regulatory framework in Burundi.

* Track the latest regulatory changes, and expected changes impacting the Burundian insurance industry.

* Gain detailed information about the key regulations governing the establishment and operation of insurance entities in the country.

* Understand key regulations and market practices pertaining to various types of insurance product.

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Date:Oct 27, 2015
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