Governance, Risk and Compliance - The Massachusettsan Insurance Industry

Published by Global Data on 18th November 2019 | Ref: 1464047 | This Product Is In Stock

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$950 | Single User
$1900 | Site License
$2850 | Enterprise License

Introduction

Governance, Risk and Compliance - The Massachusettsan Insurance Industry

Summary

GlobalData’s 'Governance, Risk and Compliance - The Massachusettsan Insurance Industry' report is the result of extensive research into the insurance regulatory framework in Massachusetts .

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 GlobalData’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 DOI regulates the Massachusettsan insurance industry.

- Composite insurance is not permitted in Massachusetts.

- 100% FDI is permitted in the Massachusettsan insurance industry.

- Non-admitted insurance is not permitted in the Massachusettsan insurance industry. There are exceptions to this rule, however, as described in the non-admitted Section.

- Key classes of compulsory insurance include motor third-party liability insurance and health insurance.

The report provides insights into the governance, risk and compliance framework pertaining to the insurance industry in Massachusetts, including -

- An overview of the insurance regulatory framework in Massachusetts.

- 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 Massachusetts.

- 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 Massachusetts.

- 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 Massachusetts.

- Track the latest regulatory changes, and expected changes impacting the Massachusettsan 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.

Table of Contents

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 Regulation

2.3 Legislation and Market Practice by Type of Insurance

2.4 Compulsory Insurance

2.5 Supervision and Control

2.6 Non-Admitted Insurance Regulations

2.7 Company Registration and Operations

2.8 Taxation

2.9 Legal System

3 Appendix

3.1 Methodology

3.2 Contact GlobalData

3.3 About GlobalData

3.4 GlobalData’s Services

3.5 Disclaimer

Additional Details

Publisher

Global Data

Publisher Information

Reference

1464047 | GDIS0192RR

Number of Pages

68

Report Format

PDF

This report is published by Global Data

Global Data deliver comprehensive, detailed market intelligence that provides a definitive picture of the markets they serve. Their data is complete, detailed, global and completely cross-country comparable.

With different types of data other providers don’t provide, our clients can access a variety of tools that add context to our core data including innovation tracking, sentiment analysis, price monitoring, M&A tracking, competitor intelligence, and city-level intelligence.

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