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Sudanese Insurance Industry Governance, Risk and Compliance Report 2017 - Research and Markets
[October 18, 2017]

Sudanese Insurance Industry Governance, Risk and Compliance Report 2017 - Research and Markets


The "Governance, Risk and Compliance - The Sudanese Insurance Industry" report has been added to Research and Markets' offering.

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

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 cope of non-admitted insurance in the country.



Key Highlights

  • The Sudanese insurance industry is regulated by the ISA.
  • The Sudanese insurance industry is regulated by the provisions of the Insurance Supervision Act 2001 and Insurance Act 2003.
  • Motor third-party liability insurance, marine cargo insurance and aviation third-party liability insurance are the key classes of compulsory insurance.
  • 100% FDI is permitted in the Sudanese insurance industry.
  • The placement of non-admitted insurance is prohibited in the Sudanese insurance industry with a few exceptions.

Key Topics Covered:


1 INTRODUCTION

2 GOVERNANCE, RISK AND COMPLIANCE

2.1 Legislation Overview and Historical Evolution

2.2 Latest Changes in Regulation

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

Companies Mentioned

  • National Reinsurance Company (Sudan) Ltd
  • Africa Re
  • ZEP-PTA Re

For more information about this report visit https://www.researchandmarkets.com/research/wv5g5x/governance_risk


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