The "Governance, Risk and Compliance - The Belizean Insurance Industry" report has been added to ResearchAndMarkets.com's offering.

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

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.

Key Highlights

  • The Belizean insurance industry is regulated by the OSIPP and IFSC.
  • Composite insurance is not permitted in the Belizean insurance industry.
  • Motor third-party liability insurance and professional liability insurance for insurance brokers are compulsory classes of insurance.
  • Non-admitted insurance is prohibited by law. However, reinsurers are permitted to operate without obtaining a license.
  • 100% FDI is permitted in the Belizean insurance industry.

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

  • CCRIF
  • OSIPP
  • IFSC

For more information about this report visit https://www.researchandmarkets.com/research/6zdtpr/belizean?w=4