Tunisia Insurance Industry - Governance, Risk and Compliance

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 Workmen's compensation
2.4.3 Liability for ships with respect to oil pollution
2.4.4 Decennial insurance for construction risks
2.4.5 Fire insurance for industrial and commercial risks, and for hotels
2.4.6 Transit insurance for imports by sea, air and land
2.4.7 Pollution insurance cover for oil and gas companies
2.5 Supervision and Control
2.5.1 International Association of Insurance Supervisors
2.5.2 African Insurance Organization
2.5.3 Comité Général des Assurances
2.5.4 The Tunisian Federation of Insurance Companies
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
Table2: Tunisia- Insurance Regulatory Framework Key Features
Table3: Tunisia- Life Insurance Regulatory Framework
Table4: Tunisia- Property Insurance Regulatory Framework
Table5: Tunisia- Motor Insurance Regulatory Framework
Table6: Tunisia- Liability Insurance Regulatory Framework
Table7: Tunisia- Tariff Rates for Motor Third-Party Liability Insurance
Table 8:Tunisia- Corporate Tax Rates for the Financial Year 2020

List of Figures
Figure 1: Tunisia - Insurance Supervision and Control at Various Levels
Figure 2: Tunisia- Insurance Regulatory Frameworks for Company Registration and Operation