Governance, Risk and Compliance - The New York Insurance Industry

2019-10-11
Price :
Published : Oct-2019
No. of Pages : 82
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
2.3.1 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 Social insurance system
2.4.3 Health insurance
2.5 Supervision and Control
2.5.1 International Association of Insurance Supervisors
2.5.2 National Association of Insurance Commissioners
2.5.3 Federal Insurance Office
2.5.4 Federal Insurance Office
2.5.5 National Association of Mutual Insurance Companies
2.5.6 Property Casualty Insurers of America
2.5.6 Reinsurance Association of America
2.5.7 Department of Financial Services
2.5.8 New York Insurance Association
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
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 US - New York - Insurance Regulatory Framework Key Features
Table 3: The US - New York - Life Insurance Regulatory Framework
Table 4: The US - New York - Property Insurance Regulatory Framework
Table 5: The US - New York - TRIP Highlights
Table 6: The US - New York - Motor Insurance Regulatory Framework
Table 7: The US - New York - Liability Insurance Regulatory Framework
Table 8: The US - New York - Minimum Capital and Surplus Requirement
Table 9: The US - New York - Minimum Capital and Surplus Requirement
Table 10: The US - New York - Corporate Tax Rates for the Financial Year 2019

List of Figures
Figure 1: The US - New York - Insurance Supervision and Control at Various Levels
Figure 2: The US - New York - Insurance Regulatory Frameworks for Company Registration and Operation
Filed in: Banking & Finance, Insurance
Publisher : GlobalData