TMCnet News

Research and Markets: Governance, Risk and Compliance Within the Maltese Insurance Industry
[July 01, 2015]

Research and Markets: Governance, Risk and Compliance Within the Maltese Insurance Industry


Research and Markets (http://www.researchandmarkets.com/research/54x47x/governance_risk) has announced the addition of the "Governance, Risk and Compliance - The Maltese Insurance Industry" report to their offering.

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

The report brings together research, modeling and analyis expertise, giving insurers access to information on insurance regulations, recent and upcoming changes in regulatory framework, taxation and legal system in the country. The report also includes the scope of non-admitted insurance in the country.



Key Highlights

- The Malta Financial Services Authority is responsible for regulation and supervision of the Maltese insurance industry.


- FDI is permitted up to a limit of 79% in the insurance industry.

- Motor third-party and aviation liability insurance are key classes of compulsory insurance.

- Solvency II is expected to be implemented from January 1, 2016.

- Non-admitted insurance is not permitted in the Maltese insurance industry.

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/54x47x/governance_risk


[ Back To TMCnet.com's Homepage ]