Governance, Risk and Compliance - The Qatari Insurance Industry
Timetric’s 'Governance, Risk and Compliance – The Qatari Insurance Industry' report is the result of extensive research into the insurance regulatory framework in Qatar.
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 Timetric’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.
The report provides insights into the governance, risk and compliance framework pertaining to the insurance industry in Qatar, including:
An overview of the insurance regulatory framework in Qatar
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 Qatar
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
The report covers details of the insurance regulatory framework in Qatar.
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 Qatar.
Track the latest regulatory changes, and expected changes impacting the Qatari 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.
The insurance industry of Qatar is regulated by the Qatar Financial Centre Regulatory Authority and the Qatar Central Bank.
100% FDI is permitted in the Qatari insurance industry.
Composite insurance is not permitted, however life insurers can operate accident and health insurance business.
Motor-third party liability insurance and health insurance are key classes of compulsory insurance in Qatar.
Non-admitted insurance is prohibited by the law. However, non-admitted insurance can be issued for risks which are not covered by the local insurers.