TMCnet News
Research and Markets: Governance, Risk and Compliance within the Israeli Insurance IndustryResearch and Markets (http://www.researchandmarkets.com/research/g8v43r/governance_risk) has announced the addition of the "Governance, Risk and Compliance - The Israeli Insurance Industry" report to their offering. The 'Governance, Risk and Compliance - The Israeli Insurance Industry' report is the result of extensive research into the insurance regulatory framework in Israel. 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 operations of insurance and reinsurance companies and inermediaries. Key Highlights: - The Israeli insurance industry is regulated by the Capital Markets, Insurance and Savings Division of the Ministry of Finance. - 100% FDI is permitted in the Israeli insurance industry. - Composite insurance is permitted in the Israeli insurance industry. - Motor third-party liability insurance and workmen's compensation insurance are compulsory. - Non-admitted insurance is not permitted in the Israeli insurance industry; however reinsurance business by a foreign insurer does not require a license. 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 For more information visit http://www.researchandmarkets.com/research/g8v43r/governance_risk
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