Single User License
INR 64534
Site License
INR 129067
Corporate User License
INR 193601

Service Tax Additional

select a format
Price

Single User License
USD 950
Site License
USD 1900
Corporate User License
USD 2850

Alternatively

Request a quote
Request a Customized research
Request for Sample Report





Recent Viewed Reports


Why Ken Reasearch?


Testimonials

While we still are studying and analysing your reports about Vietnam & Thailand, we would like to convey to your research team that they have done a very good job in compiling so much of information together. We hope to see more of such well researched reports. All the best & keep it up. ... "Prashant Bhagwat,General Manager, Mahindra"

We would like to appreciate Ken Research for their great efforts and wonderful support in providing the Market Intelligence Report for ITPC. The information, statistics and research are well understandable and very clear to the point. We are happy with Ken research for their good client service, on-time delivery of the report and as said the report itself. Thank you Ken research for bringing the valuable output for us. We would be looking forward to have more research with you in the near future. Wish you a success in your business!... "Jestin Mathew, Indonesian Trade Promotion Center"

The Report was very interesting and useful for me... "Marketing Manager, Western Union Business Solutions"

Ken Research completed the report successfully with tough deadline and large requirement. Really appreciate it... "Sales Manager, Largest India Aesthetic Laser Manufacturer"

We found the report really useful in understanding the complex Indian market and it provided lots of high quality insights. On the basis of this we commissioned Ken to produce a bespoke follow up to answer some specific questions about our market. This is now being used to help develop our marketing and sales strategy. We were very pleased with the comprehensive coverage, detail provided and actionable insights.... "Owner, Therefore Consulting UK"


Governance, Risk and Compliance-The Mozambican Insurance Industry

Governance, Risk and Compliance-The Mozambican Insurance Industry


  Request for Sample Report

Executive Summary

Timetric's 'Governance, Risk and Compliance-The Mozambican Insurance Industry' report is the result of extensive research into the insurance regulatory framework in Mozambique.

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 Timetric's 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 scope of non-admitted insurance in the country.

Summary

The report provides insights into the governance, risk and compliance framework pertaining to the insurance industry in Mozambique, including:

An overview of the insurance regulatory framework in Mozambique.

The latest key changes, and changes expected in the country's insurance regulatory framework.

Key regulations and market practices related to different types of insurance product in the country.

Rules and regulations pertaining to key classes of compulsory insurance, and the scope of non-admitted insurance in Mozambique.

Key parameters including licensing requirements, permitted foreign direct investment, minimum capital requirements, solvency and reserve requirements, and investment regulations.

Details of the tax and legal systems in the country.

Scope

The report covers details of the insurance regulatory framework in Mozambique.

The report contains details of the rules and regulations governing insurance products and insurance entities.

The report lists and analyzes key trends and developments pertaining to the country's insurance regulatory framework.

The report analyzes the rules and regulations pertaining to the establishment and operation of insurance businesses in the country.

The report provides details of taxation imposed on insurance products and insurance companies.

Reasons To Buy

Gain insights into the insurance regulatory framework in Mozambique.

Track the latest regulatory changes, and expected changes impacting the Mozambican insurance industry.

Gain detailed information about the key regulations governing the establishment and operation of insurance entities in the country.

Understand key regulations and market practices pertaining to various types of insurance product.

Key Highlights

The Mozambican insurance industry is regulated by the Instituto de Superviso de Seguros de Moambique.

Key classes of compulsory insurance include motor third-party liability insurance, aviation liability insurance and professional indemnity insurance for insurance brokers and agents.

Composite insurance is permitted in Mozambique.

100% FDI is permitted in the Mozambican insurance industry.

Non-admitted insurance is permitted by the ISSM only when domestic insurers are not providing such coverage.

1 Introduction

1.1 What is this Report About?

1.2 Definitions

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

2.3.1 Life insurance

2.3.2 Property insurance

2.3.3 Motor insurance

2.3.4 Liability insurance

2.3.5 Marine, aviation and transit insurance

2.3.6 Personal accident and health insurance

2.4 Compulsory Insurance

2.4.1 Motor third-party liability insurance

2.4.2 Social security system

2.4.3 Professional indemnity insurance for insurance intermediaries

2.4.4 Aviation liability insurance

2.5 Supervision and Control

2.5.1 International Association of Insurance Supervisors (IAIS)

2.5.2 African Insurance Organization (AIO)

2.5.3 Instituto de Superviso de Seguros de Moambique

2.6 Non-Admitted Insurance Regulations

2.6.1 Overview

2.6.2 Intermediaries

2.6.3 Market practices

2.6.4 Fines and penalties

2.7 Company Registration and Operations

2.7.1 Types of insurance organization

2.7.2 Establishing a local company

2.7.3 Foreign ownership

2.7.4 Types of license

2.7.5 Capital requirements

2.7.6 Solvency margins

2.7.7 Reserve requirements

2.7.8 Investment regulations

2.7.9 Statutory return requirements

2.7.10 Fee structure

2.8 Taxation

2.8.1 Insurance premium or policy taxation

2.8.2 Withholding taxes on premium paid overseas

2.8.3 Corporate tax

2.8.4 VAT

2.8.5 Captives

2.9 Legal System

2.9.1 Introduction

2.9.2 Access to court

2.9.3 Alternative dispute resolution (ADR)

3 Appendix

3.1 Methodology

3.2 Contact Timetric

3.3 About Timetric

3.4 Timetric's Services

3.5 Disclaimer

Figure 1: Mozambique-Insurance Supervision and Control at Various Levels

Figure 2: Mozambique-Insurance Regulatory Frameworks for Company Registration and Operation

Table 1: Insurance Industry Definitions

Table 2: Mozambique-Insurance Regulatory Framework Key Features

Table 3: Mozambique-Life Insurance Regulatory Framework

Table 4: Mozambique-Property Insurance Regulatory Framework

Table 5: Mozambique-Motor Insurance Regulatory Framework

Table 6: Mozambique-Liability Insurance Regulatory Framework

Table 7: Mozambique-Spread of Assets Representing Technical Reserves

Table 8: Mozambique-Corporate Tax Rates for the Financial Year 2016

Single User License:
The report will be emailed to you. The report is sent in PDF format, allowing one specific user access to the product.

Site Licence:
The report will be emailed to you. The report is sent in PDF format, allowing all users within a given geographical location of your organisation access to the product.

Corporate User License:
The report will be emailed to you. The report is sent in PDF format, allowing all employees within your organisation access to the product.

To know more information on Purchase by Section, please send a mail to query [@] kenresearch.com
 

<

Insurance

Governance, risk and compliance

Regulatory framework

Life insurance

Property insurance

Motor insurance

Liability insurance

Marine, aviation and transit insurance

Personal accident and health insurance

Compulsory insurance

Licensing requirements

Minimum capital requirements

Solvency requirements

Non-admitted insurance

Reserve requirements

Investment regulations

Licensing fee

Authorization fee

Risk-based capital framework

Accounting standards

Returns requirement

Consumer protection

Law

Regulation

Act

Tax

Insurance premium tax

Corporate tax

VAT

Legal system

Court system


Ken Research Pvt. Ltd. 27A, Tower B-2, Spaze I Tech Business Park, Sohna Road, sector 49
     Gurgaon, Haryana - 122001, India
+91 1244230204

download

Company Brochure

Engage with Us

query [@] kenresearch.com