The "Iran Insurance Industry - Governance, Risk and Compliance" has been added to ResearchAndMarkets.com's offering.
The report delivers a comprehensive overview of the country's insurance regulatory environment, crafted from rigorous research. It offers an in-depth analysis of regulations across various sectors, including life, property, motor, liability, personal accident and health, and marine, aviation, and transit insurance.
The report serves as a critical resource for insurers, providing insight into the regulatory landscape, recent and future regulatory shifts, and the taxation and legal frameworks that influence the Iranian insurance market. It also addresses the scope of non-admitted insurance within the country.
Key Insights:
- An overview of Iran's insurance regulatory structure.
- Recent and anticipated modifications in the insurance regulatory framework.
- Essential regulations and market practices for various insurance products in Iran.
- Rules related to compulsory insurance categories and the limitations on non-admitted insurance.
- Crucial parameters such as licensing requirements, foreign direct investment allowances, capital requirements, and investment regulations.
- Details on Iran's tax and legal systems as they pertain to insurance.
Key Highlights:
- The Central Insurance of Iran (CII) regulates the Iranian insurance industry.
- Iran permits 20% foreign direct investment in the insurance sector, with potential for up to 49% subject to approval by the High Council of Insurance and the Board of Ministers.
- Composite insurance is allowed, whereas non-admitted insurance is prohibited.
- Motor third-party liability insurance remains compulsory.
Scope:
- The report outlines Iran's insurance regulatory framework.
- It details the rules governing insurance products and entities.
- The report identifies key regulatory trends and developments.
- It reviews the regulations for establishing and operating insurance firms.
- The report also explores taxation on insurance products and companies.
Reasons to Buy:
- Access 129 FAQ-style elements offering insights into Iranian insurance compliance.
- Stay informed about current and forthcoming regulatory changes in the Iranian insurance sector.
- Obtain detailed regulations and market practices specific to various insurance products.
Key Topics Covered:
1. Legislation Overview
1.1 Supervision and Control
1.2 Legislation
2. Compulsory Insurance
3. Non-Admitted Insurance Regulations
4. Company Registration and Operation
4.1 License
4.2 Foreign Direct Investment / Ownership
4.3 Minimum Capital Requirements
4.4 Solvency Margins
4.5 Reserve Requirements
4.6 Statutory Return Requirements
4.7 Fee Structure
5. Taxation
5.1 Tax on Insurance Premium
5.2 Corporate Income Tax
5.3 Corporate Capital Gains Tax
5.4 Value Added Tax
6. Legal System
7. Policy Practice
For more information about this report visit https://www.researchandmarkets.com/r/u0elke
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View source version on businesswire.com: https://www.businesswire.com/news/home/20250512758627/en/
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