TMCnet News

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

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


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

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

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 includesthe scope of non-admitted insurance in the country.



Key Highlights:

  • The insurance industry of Tunisia is regulated by the General Insurance Committee. It derives its power from the Insurance Code 1992.
  • Compulsory lines of insurance in Tunisia include third-party automobile insurance, work accident insurance and shipping, air and land goods import insurance.
  • Non-admitted insurance is not permitted in the Tunisian insurance industry.
  • The legal system of Tunisia is based on French civil law system and Islamic law.
  • Life insurance products are exempted from Insurance Premium Tax (IPT). For non-life insurance products, IPT varies from 5% to 10%.

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

  • Africa Re

For more information about this report visit https://www.researchandmarkets.com/research/3xzx9g/governance_risk


[ Back To TMCnet.com's Homepage ]