Governance, Risk and Compliance – The Slovakian Insurance Industry : Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Ken Research’s Governance, Risk and Compliance- the Slovakian Insurance Industry provides an overview of the insurance regulatory framework in Slovakia. It gives the latest key changes, and changes expected in the country’s insurance regulatory framework. The report provides key regulations and market practices related to different types of insurance product in the country and rules and regulations pertaining to key classes of compulsory insurance, and the scope of non-admitted insurance in Slovakia. The key parameters including licensing requirements, permitted foreign direct investment, minimum capital requirements, solvency and reserve requirements, and investment regulations and details of the tax and legal systems in the country are detailed in the report. The local insurance market of Slovakia has doubled that of the advance of the economy and the insurance density has significantly evolved from the previous years. During the year 2017, the gross written premium in both life and non – life insurances increased. In terms of growth, within life insurance, the most dynamic growth was witnessed in index- linked and unit – linked products. In general insurance market, motor insurance and fire insurances saw the highest growth. Recently, the Finance Ministry proposed replacing the 8-percent special levy insurance companies have been paying from each new non-life insurance policy as of the beginning of 2017 with a new 8 percent tax.This is likely to be if effect from 2019 onwards. This move was highly unwelcomed by all the insurers and other stakeholders like consumer associations, analysts, employers since the price of premiums may soar up. The Ministry of Finance maintained its position by stating the insurers have resources to absorb these additional expenses without raising prices. It gave solutions like optimising their operations, reducing costs or profits as an alter to increase in prices. Not just in Slovakia, even in other European countries, insurance taxes are paid. This new tax law is expected to increase the prices of all goods and services across many businesses. Of recently, Slovakia has been experiencing changing climatic conditions. It experiences heavy, torrential downpours and this type of extreme weather is expected to be a trend over the years. These changes are bringing about changes in the insurance sector. Insurance is already inaccessible to many people in the country due to higher prices. Now it foreseen the insurance policies will become more expensive and more people will not be able to afford insurance cover. To know more, click on the link below: https://www.kenresearch.com/banking-financial-services-and-insurance/insurance/slovakian-insurance-industry/156672-93.html Related Report:- https://www.kenresearch.com/banking-financial-services-and-insurance/insurance/governance-risk-compliance-canadian-insurance-industry/4403-93.html https://www.kenresearch.com/banking-financial-services-and-insurance/insurance/governance-risk-compliance-californian-insurance-industry/4430-93.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications sales@kenresearch.com +91-9015378249 Tags: Market Size Of Slovakian in Insurance Industry, Slovakian Insurance Industry Analysis, Slovakian Insurance Industry Forecast, Slovakian Insurance Industry Gross Revenue, Slovakian Insurance Industry Growth Analysis, Slovakian Insurance Industry Leading Players, Slovakian Insurance Industry Statistics, Slovakian Insurance Market Future Outlook, Slovakian Insurance Market Research Report, Slovakian Insurance Market Share