Suriname Insurance Industry Governance, Risk and Compliance Report 2023 - ResearchAndMarkets.com

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

The report 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 publisher'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.

Key Highlights

• The Surinamese insurance industry is supervised and regulated by the Central Bank of Suriname.
• 100% foreign direct investment is permitted in the Surinamese insurance industry.
• The government of Suriname has adopted a social security system in September 2014.
• Non-admitted insurance is prohibited in Suriname. However, foreign reinsurers can operate on a cross-border basis provided the underwriting takes place outside Suriname.
• Motor third-party liability insurance, health insurance and workers compensation insurance are compulsory classes of insurance.

Scope

• The report covers details of the insurance regulatory framework in Suriname.
• 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

• Provides FAQ-style analytical insights comprising 129 knowledge elements on insurance compliance applicable to the country.
• Gain insights into the insurance regulatory framework in Suriname.
• Track the latest regulatory changes, and expected changes impacting the Surinamese 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 Topics Covered:

• Legislation Overview
• Supervision and Control
• Legislation
• Compulsory Insurance
• Non-Admitted Insurance Regulations
• Company Registration and Operation
• License
• Foreign Direct Investment / Ownership
• Minimum Capital Requirements
• Solvency Margins
• Reserve Requirements
• Statutory Return Requirements
• Fee Structure
• Taxation
• Tax on Insurance Premium
• Corporate Income Tax
• Corporate Capital Gains Tax
• Value Added Tax
• Legal System
• Policy Practice

For more information about this report visit https://www.researchandmarkets.com/r/zh6omu

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View source version on businesswire.com: https://www.businesswire.com/news/home/20240222814005/en/