Burundian Insurance Industry - Governance, Risk and Compliance

1.1 What is this Report About?
1.2 Definitions

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 Professional indemnity insurance for doctors
2.4.3 Professional indemnity insurance for lawyers
2.4.4 Civil liability insurance for operators of commercial buildings against fire or explosion
2.4.5 Insurance for administrative buildings against fire or explosion
2.4.6 Construction risk insurance
2.4.7 Financial guarantee/professional liability insurance for insurance intermediaries
2.4.8 Insurance for import of goods
2.5 Supervision and Control
2.5.1 The African Insurance Organization
2.5.2 Agency of Regulation and Insurance Supervision
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)

3.1 Methodology
3.2 Contact the Publisher
3.3 About the Publisher
3.4 Services
3.5 Disclaimer

Table 1: Insurance Industry Definitions
Table 2: Burundi - Insurance Regulatory Framework Key Features
Table 3: Burundi - Non-life Insurance - Commission Rates for Insurance Brokers
Table 4: Burundi - Fees for Services Rendered by the ARCA
Table 5: Burundi - Life Insurance Regulatory Framework
Table 6: Burundi - Property Insurance Regulatory Framework
Table 7: Burundi - Motor Insurance Regulatory Framework
Table 8: Burundi - Liability Insurance Regulatory Framework
Table 9: Burundi - Corporate Tax Rates for the Financial Year 2020

Figure 1: Burundi - Insurance Supervision and Control at Various Levels
Figure 2: Burundi - Insurance Regulatory Frameworks for Company Registration and Operation