INTRODUCTION
This course provides a general overview of insurance legislation. It gives idea how to analyze insurance regulation from the perspectives of the the European Union , United States and MENA Region. The course will trace the development of regulation arising from the regions' different historical contexts and legal environments and help to develop regulationary framework in MENA region.
PROGRAMME OBJECTIVES
- Understanding the concept of insurance regulation
- Understanding the local and international regulatory environment
- Being familiar with key concepts in legislation such as maintaining solvency, protecting policy holders, regulating premium rates
- Analyzing different legislation and devoloping local legislation
- Recognising Tekaful and Retekaful
WHO SHOULD ATTEND?
- Insurance Professionals
- Human Resource Professionals
- Managers
- Financial & Accounting Professionals
- Goverment employers
PROGRAM OUTLINE
- Understanding Concept of Insurance Regulation
- Understanding Key Aspects of Insurance Regulation
- Maintaining Insurer Solvency
- Protecting Policyholders
- Regulating Premium Rates
- Understanding Local Regulatory Environment
- Recognising Regulatory Authorities in Global Insurance System
- EU Case
- US Case
- Analyzing Different Legislations
- Challanges for Global Insurance Regulation
- Challenges of Global Licensing requirements
- Understanding Global Solvency standards
- Regulating Insurance Taxation
- Developing Taxation System Wisely
- Integrating Local Insurance Legislation to Global System
- Maintaining Insurer Solvency
- Protecting Policyholders
- Regulating Premium Rates
- Smart Regulations and Best Practices
- Principles of Tekaful Insurance Regulation
- Basis of Retekaful
- Designing Insurance Legislation in MENA region
- Developing Insurance Legislation in MENA region