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Sector Analysis
Singapore Insurance Industry – Governance, Risk and Compliance
Singapore Insurance Industry Regulation Overview The MAS is the government authority responsible for the regulation and supervision of financial sectors in Singapore including the insurance industry. The MAS began regulating the insurance industry in April 1977 after it was established in 1970 under the Monetary Authority of Singapore Act 1970, enacted on December 26, 1970, and revised in 1999. The Singapore insurance industry governance regulation research report provides a detailed analysis of the regulations for several insurance types including life,...
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Government & Regulation
South Africa Insurance Industry – Governance, Risk and Compliance
South Africa Insurance Industry Regulation Overview Twin Peaks Model is a new financial regulatory system that governs the insurance industry in South Africa. It is a comprehensive and complete model for regulating the financial sector in South Africa. Furthermore, the PA was established under the Reserve Bank of South Africa under the FSR Act 2017. It does not function as a public agency and is the prudential regulator responsible for the general administration, safety, and soundness of all financial institutions...
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Government & Regulation
Hong Kong Insurance Industry – Governance, Risk and Compliance
Hong Kong Insurance Industry Regulation Overview The IA is the regulator of the insurance industry in Hong Kong. The Commissioner of Insurance heads and plays a chief role in the IA. It is responsible for administering and supervising insurers and insurance intermediaries to protect and promote the insurance industry. The Hong Kong insurance industry governance regulation research report provides a detailed analysis of the regulations for several insurance types including life, property, motor, and liability. The report also gives insights...
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Government & Regulation
South Korea Insurance Industry – Governance, Risk and Compliance
South Korea Insurance Industry Regulation Overview The Financial Services Commission (FSC) and the Financial Supervisory Service (FSS) regulate the Spain insurance industry along with other regulators and supervisors, including the International Regulatory Authority (IAIS), Korea Life Insurance Association (KLIA), and the General Insurance Association of Korea (GIAK). The South Korean insurance industry governance regulation research report provides a detailed analysis of the regulations for several insurance types including life, property, motor, and liability. The report also gives insights into recent...
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Government & Regulation
Israel Insurance Industry – Governance, Risk and Compliance
Israel Insurance Industry Regulation Overview The Israel insurance industry is supervised and regulated by the Capital Markets, Insurance and Savings Authority (CMISA) under the Ministry of Finance (MOF). The CMISA supervises the insurance industry according to Israeli insurance law, regulations, circulars, and instructions. The Israel insurance industry governance regulation research report provides a 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...
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Government & Regulation
New Zealand Insurance Industry – Governance, Risk and Compliance
New Zealand Insurance Industry Regulation Overview The Reserve Bank of New Zealand (RBNZ) regulates the New Zealand insurance industry. The other bodies that oversee the market are the International Association of Insurance Supervisors (IAIS) and The Insurance Council of New Zealand (ICNZ). The New Zealand Insurance Industry Governance Regulation research report provides a detailed analysis of the regulations for several insurance types including life, property, motor, and liability. The report also gives insights into recent and upcoming changes in non-admitted...
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Government & Regulation
Kenya Insurance Industry – Governance, Risk and Compliance
Kenya Insurance Industry Regulation Overview The Insurance Regulatory Authority (IRA) regulates the Kenya insurance industry along with other regulators and supervisors including the International Association of Insurance Supervisors (IAIS), the African Insurance Organization (AIO), and the Association of Kenya Insurers (AKI). The Kenya insurance industry governance regulation research report provides a detailed analysis of the regulations for several insurance types including life, property, motor, and liability. The report also gives insights into recent and upcoming changes in non-admitted insurance regulations,...
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Government & Regulation
Turkey Insurance Industry – Governance, Risk and Compliance
Turkey Insurance Industry Regulation Overview The insurance industry in Turkey is regulated by the Insurance and Private Pension Regulation and Supervision Institution. The other bodies that oversee the market are the International Association of Insurance Supervisors (IAIS) and the Insurance Association of Turkey (Türkiye Sigorta Reasürans ve Emeklilik Şirketleri Birliği - TSB). The Turkey Insurance Industry Governance Regulation research report provides a detailed analysis of the regulations for several insurance types, including life, property, motor, and liability. The report also...
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Thematic Analysis
NewCircular Economy – Thematic Intelligence
Circular Economy Thematic Report Overview The circular economy seeks to eliminate waste and pollution, keep products and materials in use, and regenerate natural systems. In the traditional linear economy, businesses typically follow a take, make, use, and dispose of the path, with minimal regard for the resources used and the environmental consequences. However, public pressure to mitigate climate change, combat biodiversity loss, and preserve scarce resources is rising. Proactively adopting circular practices can help businesses stay ahead of the evolving...
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Sector Analysis
NewPeru Insurance Industry – Key Trends and Opportunities to 2028
GlobalData’s 'Peru Insurance Industry: Key Trends and Opportunities to 2028’ report provides in-depth market analysis, information, and insights into the Peru insurance industry. The report provides a detailed outlook by product category for the Peru insurance industry. It provides values for key performance indicators such as gross written premium, penetration, premium accepted and ceded, profitability ratios, and premium by line of business, during the review period (2019–23) and forecast period (2024–2028). The report also analyzes distribution channels operating in the...