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Peru Insurance Industry Governance, Risk and Compliance Report 2019 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Governance,
Risk and Compliance – The Peruvian Insurance Industry” report
has been added to ResearchAndMarkets.com’s offering.
“Governance, Risk and Compliance – The Peruvian Insurance Industry” is
the result of extensive research into the insurance regulatory framework
in Peru. 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 Superintendent of Bank and Insurance (Superintendencia de Banca,
Seguros y AFP SBS) is the government authority for supervising and
regulating insurance and reinsurance businesses in Peru. It was
established as a public institution in accordance with the Constitution
of Peru to regulate the financial, insurance, and private pension
systems in Peru.
The regulatory functions and powers of the SBS are stipulated in the
General Law of the Financial and Insurance Systems and Organic Law of
the Superintendent of Banking and Insurance or Law No. 26702. In order
to implement a risk-based supervisory regime in line with international
standards, the SBS is in the process of developing tighter risk
management regulations covering the insurance and private pension
industries.
Key Findings
- The SBS regulates and supervises the insurance industry in Peru
- Composite insurers are permitted in Peru
-
100% foreign direct investment is allowed in the Peruvian insurance
industry -
Third-party liability insurance for public transport vehicles, motor
third-party liability, aviation liability and workmen’s compensation
insurance are some of the compulsory classes of insurance -
Non-admitted insurance is not permitted in the Peruvian insurance
industry
The report brings together 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
- An overview of the insurance regulatory framework in Peru
-
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 Peru -
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.
Scope
-
The report covers details of the insurance regulatory framework in
Peru. -
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 Peru.
-
Track the latest regulatory changes, and expected changes impacting
the Peruvian 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.
For more information about this report visit https://www.researchandmarkets.com/r/9ow1wn
Contacts
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
[email protected]
For
E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call
1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related
Topics: Insurance
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Humboldt
Humboldt Seed Company partners with Apollo Green to bring California cannabis genetics to the global marketplace
Apollo Green to distribute Humboldt Seed Company clonal cannabis genetics to Germany, Portugal and Australia
SAN FRANCISCO, April 30, 2024 /PRNewswire/ — Humboldt Seed Company (HSC), California’s leading cannabis seed producer, has announced a partnership with Canadian-based Apollo Green to make eight breeder cuts available to researchers, licensed commercial cultivators and home growers in legal markets worldwide. This first-to-market clonal genetics release is a significant milestone and will expand access to distinctive, high-quality cannabis genetics in both established and emerging global markets including Germany, Portugal and Australia.
The curated, breeder-verified selection includes pioneering triploid genetics, such as OG Triploid and Donutz Triploid alongside the legendary cult classic Blueberry Muffin. Also available are All Gas OG with a THC content of 21% and four high-THC strains in the 30-35% range: Golden Sands, Guzzlerz, Jelly Donutz and Orange Creampop. These selections represent the top .01% from HSC’s extensive California pheno-hunting program.
Exports will begin in May under Apollo Green’s Canadian federal cannabis license. All shipments have Canadian phytosanitary certification, ensuring plants have been inspected, and are clean and free of pests.
“Access for all to quality genetics has been our core focus since the beginning,” said HSC Co-founder and Chief Science Officer, Benjamin Lind. “Our science-based approach to breeding aligns perfectly with Apollo Green’s high standards and we are excited to be able to extend these hand-selected cuts to a wider audience, especially at this pivotal time where we’re seeing positive regulatory changes globally.”
Oisin Tierney, Apollo Green Director of Business Development, said, “California has long been recognized for setting industry standards, and we are proud to play a role in bringing these esteemed genetics to cultivators worldwide. The triploids are especially noteworthy in terms of the unprecedented potential for enhanced plant vigor, higher yields, shorter flowering times and superior returns for solventless extraction.”
About Humboldt Seed Company
Established in 2001, Humboldt Seed Company is a Northern California heritage brand providing quality cannabis genetics to commercial cultivators and home growers in legalized states across the U.S. and international markets including Spain, Canada, Jamaica, South Africa, Colombia, France, Portugal, Greece, the UK, Malta and Thailand. With a focus on environmental and social justice, they combine traditional breeding and modern scientific practices in their strain development program. They have served the cannabis community for over two decades.
For more information visit https://humboldtseedcompany.com/.
About Apollo Green
Licensed since 2019, Apollo Green is Canada’s leader in cannabis genetics. The company’s mission is to provide an ever-growing bank of seeds and clones to medical patients and recreational consumers. Apollo Green provides clean, trusted cannabis seeds and clones, which are backed by the foremost tissue culture technology to reduce risks, costs and time-to-market for licensed producers around the world. Apollo Green is passionate about cannabis genetics.
For more information visit https://apollogreen.com/.
Media contact
Jaana Prall
[email protected]
Logo – https://mma.prnewswire.com/media/2328955/Humboldt_Seed_Company_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/humboldt-seed-company-partners-with-apollo-green-to-bring-california-cannabis-genetics-to-the-global-marketplace-302131618.html
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