Published : Oct-2019
No. of Pages : 56
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
2.3.1 Life insurance
2.3.2 Property insurance
2.3.3 Motor insurance
2.3.4 Liability insurance
2.3.5 Marine, aviation and transit insurance
2.3.6 Personal accident and health insurance
2.4 Compulsory Insurance
2.4.1 Motor third party liability insurance
2.4.2 Professional indemnity insurance for insurance intermediaries
2.4.3 Worker's compensation
2.5 Supervision and Control
2.5.1 International Association of Insurance Supervisors
2.5.2 Commission Régionale de Contrôle des Assurances
2.5.3 Direction des Services Centraux
2.6 Non-Admitted Insurance Regulations
2.6.1 Overview
2.6.2 Intermediaries
2.6.3 Market practices
2.6.4 Fines and penalties
2.7 Company Registration and Operations
2.7.1 Type of insurance organization
2.7.2 Establishing a local company
2.7.3 Foreign ownership
2.7.4 Types of license
2.7.5 Capital requirements
2.7.6 Solvency margin
2.7.7 Reserve requirements
2.7.8 Investment regulations
2.7.9 Statutory return requirements
2.7.10 Fee structure
2.8 Taxation
2.8.1 Insurance premium or policy taxation
2.8.2 Withholding taxes on premium paid overseas.
2.8.3 Corporate tax
2.8.4 VAT
2.8.5 Captives
2.9 Legal System
2.9.1 Introduction
2.9.2 Access to court
2.9.3 Alternative dispute resolution (ADR)
3 Appendix
3.1 Methodology
3.2 Contact GlobalData
3.3 About GlobalData
3.4 GlobalData's Services
3.5 Disclaimer
List of Tables
Table 1: Insurance Industry Definitions
Table 2: The Central African Republic - Insurance Regulatory Framework Key Features
Table 3: The Central African Republic - Intermediary Remuneration Rates
Table 4: The Central African Republic - Life Insurance Regulatory Framework
Table 5: The Central African Republic - Property Insurance Regulatory Framework
Table 6: The Central African Republic - Motor Insurance Regulatory Framework
Table 7: The Central African Republic - Liability Insurance Regulatory Framework
Table 8: The Central African Republic - Insurance Premium Tax Rates
Table 9: The Central African Republic - Corporate Tax Rates for the Financial Year 2019
List of Figures
Figure 1: The Central African Republic - Insurance Supervision and Control at Various Levels
Figure 2: The Central African Republic - Insurance Regulatory Frameworks for Company Registration and Operation
