Kenyan Insurance Industry 2016 Market Challenge, Driver, Trends & Forecast to 2022
May 7, 2018
WiseGuyReports.com with their unique quality of simplifying the market research study, presents a deep diving study report “Governance, Risk and Compliance – The Kenyan Insurance Industry”
Pune, India - May 7, 2018 /MarketersMedia/ —
Synopsis
'Governance, Risk and Compliance – The Kenyan Insurance Industry' report is the result of extensive research into the insurance regulatory framework in Kenya.
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 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.
Click here for sample report @ http://www.wiseguyreports.com/sample-request/680492-governance-risk-and-compliance-the-kenyan-insurance-industry
Summary
The report provides insights into the governance, risk and compliance framework pertaining to the insurance industry in Kenya, including:
An overview of the insurance regulatory framework in Kenya.
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 Kenya.
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 Kenya.
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 Kenya.
Track the latest regulatory changes, and expected changes impacting the Kenyan 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 Kenyan insurance industry is regulated by the Insurance Regulatory Authority (IRA).
Motor third-party liability insurance and workmen’s compensation are the key classes of compulsory insurance in Kenya.
Composite insurance is permitted in Kenya.
Up to 66.7% FDI is permitted in the Kenyan insurance industry. However, 100% FDI is permitted for EAC partner states.
Placement of non-admitted insurance contracts is not permitted in Kenya with some exceptions.
Table of Contents
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 Workmen’s compensation insurance
2.4.3 Professional indemnity insurance for brokers and agents
2.5 Supervision and Control
2.5.1 International Association of Insurance Supervisors (IAIS)
2.5.2 African Insurance Organization (AIO)
2.5.3 Insurance Regulatory Authority (IRA)
2.5.4 Association of Kenya Insurers (AKI)
.Continued
For Detailed Reading Please visit @ https://www.wiseguyreports.com/reports/680492-governance-risk-and-compliance-the-kenyan-insurance-industry
About Us
Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available.
Contact Info:
Name: Norah Trent
Email: [email protected]
Organization: Wise Guy Reports
Address: WISEGUY RESEARCH CONSULTANTS PVT LTD Office No. 528, Amanora Chambers Pune - 411028 Maharashtra, India
Phone: +91 841 198 5042
For more information, please visit http://www.wiseguyreports.com
Source: MarketersMedia
Release ID: 341891
More News
Smith makes amends in style as Ainsworth delivers glowing praise
Defender Andy Smith struck a late winner for Gillingham and boss Gareth Ainsworth hailed the defender as “sensational”.
Smith’s delight with Gillingham response after some harsh truths
Match-winning defender Andy Smith was delighted with Gillingham’s response to a heavy home defeat after a week of some hard truths.
Harry Waldock rises to the challenge after Gillingham recall
Harry Waldock made an instant impact on his return to the Gillingham starting line-up, showing the benefits of his hard work.
Nine wins out of nine as promotion hopefuls maintain perfect home record
Welling maintained their 100 per cent home record with a ninth successive victory to maintain the pressure on Isthmian Premier leaders Enfield.
‘I like being at home!’ Family-man Ainsworth enjoys trip back to Shrewsbury
Gareth Ainsworth put family first when he left Shrewsbury for Gillingham - and enjoyed a winning return on Saturday.
Ainsworth told Gillingham players not to fear defeat – and they delivered
Manager Gareth Ainsworth revealed the message he gave his Gillingham players before Saturday's trip after a tough week.
Report: Return joy for Gillingham boss Ainsworth
Manager Gareth Ainsworth returned to his old club and watched the Gills claim a much-needed win thanks to a late goal.
FA Vase round-up: Hythe stun SE Dons, seven SCEFL sides in Monday’s draw
Unbeaten Hythe Town produced a standout result in the second round of the FA Vase on Saturday.
Matchday Live: Shrewsbury v Gillingham, Dover v Farnham, Maidstone v Slough
Follow today’s football action, including Gillingham’s trip to Shrewsbury, in our live blog.
Ainsworth’s plea to Gillingham fans
Gillingham boss Gareth Ainsworth wants the club’s fans to channel their support towards the players.
Gills boss confirms King injury blow
Gillingham manager Gareth Ainsworth has confirmed the extent of Eli King’s injury.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.