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Research and Markets: Governance, Risk and Compliance - The Saudi Arabian Insurance IndustryResearch and Markets (http://www.researchandmarkets.com/research/8p42xr/governance_risk) has announced the addition of the "Governance, Risk and Compliance - The Saudi Arabian Insurance Industry" report to their offering. 'Governance, Risk and Compliance - The Saudi Arabian Insurance Industry' report is the result of extensive research into the insurance regulatory framework in Saudi Arabia. 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 analysis expertise, giving insurers acces 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 Saudi Arabian Monetary Agency (SAMA) is responsible for the regulation and supervision of the Saudi Arabian insurance industry. - FDI is permitted up to 100% in Saudi Arabian insurance industry. - New classes of mandatory insurance were introduced for high-risk plants, factories and manufacturing facilities, effective from February 21, 2014. - Composite insurance is not permitted in Saudi Arabia; however, life insurers are permitted to operate health insurance business. - Non-admitted insurance is not permitted in the Saudi Arabian 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/8p42xr/governance_risk
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