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TMCNet:  Governance, Risk and Compliance in the Curaao and St Maarten Insurance Industry 2017 - Research and Markets

[February 15, 2017]

Governance, Risk and Compliance in the Curaao and St Maarten Insurance Industry 2017 - Research and Markets

Research and Markets has announced the addition of the "Governance, Risk and Compliance - The Curaçao and St Maarten Insurance Industry" report to their offering.

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

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

Key Highlights:

- The Curaçao and St Maarten insurance industry is supervised and regulated by the Central Bank of Curaçao and St Maarten.

- 100% foreign direct investment is permitted in the Curaçao and St Maarten insurance industry.

- Motor third-party liability insurance and professional liability insurance for insurance broker are the classes of compulsory insurance in Curaçao and St Maarten.

- Composite insurance is not permitted in the Curaçao and St Maarten insurance industry.

- Non-admitted insurance is not permitted in Curaçao and St Maarten. However, non-admitted reinsurers are permitted on a cross-border basis only.

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

For more information about this report visit http://www.researchandmarkets.com/research/b7ft5f/governance_risk


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