Top Research report on The Lao Insurance Industry is available at ResearchMoz

on Sunday, 14 June 2015
ALBANY, NY, JUNE 2015 -- includes new market research report " The Lao Insurance Industry report: Global Market Size, Shares, Growth, Analysis, Governance, Risk and Compliance, Trends And Forecast" to its huge collection of research reports.

'Governance, Risk and Compliance - The Lao Insurance Industry' report is the result of extensive research into the insurance regulatory framework in Laos. 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 research, modeling and analysis expertise, giving insurers access to information on prevailing insurance regulations, recent and upcoming changes in regulatory framework, taxation and legal system in the country. The report also includes the scope of non-admitted insurance in the country.

  • This report covers details of the insurance regulatory framework in Laos.
  • The report contains details of rules and regulations governing insurance products and insurance entities.
  • The report lists and analyzes key trends and developments pertaining to the Lao insurance regulatory framework.
  • The report analyzes rules and regulations pertaining to the establishment and operation of insurance business in the country.
  • The report provides details of taxation imposed on insurance products and companies.

Reasons to buy:-
  • Gain insights into the insurance regulatory framework in Laos.
  • Track latest regulatory changes and expected changes impacting the Lao insurance industry.
  • Gain detailed information about key regulations governing the establishment and operation of insurance entities in the country.
  • Understand key regulations and market practices relating to various types of insurance product.
Browse More related reports to Insurance Market at:

Key highlights:-
  • The Ministry of Finance (MOF) is the government regulatory authority of the Lao insurance industry.
  • The Insurance Law 2012, which repealed and replaced the Insurance Law 1990, is the principal law governing insurance business in the country.
  • The government of Laos does not impose any restrictions on investment by foreign investors in the insurance industry.
  • The placement of non-admitted insurance is not permitted in the insurance industry of Laos. 
  • International Financial Reporting Standard (IFRS) was implemented effective from January 1, 2015.
  • Composite insurance is not permitted in the Lao insurance industry.

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