Governance, Risk and Compliance - The Burundian Insurance Industry Now available at iData Insights

The latest key changes, and changes expected in the countrys 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 Burundi " 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

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Table of Contents

Table of Contents

Insurance Governance,

risk and compliance Regulatory framework Life insurance

Property insurance

Motor insurance

Liability insurance

, 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

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