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RESEARCH & BRIEFINGS

Global Insurance Regulatory and Premium Tax Update – March 2015

 


The Global Insurance Regulatory and Premium Tax Update provides a summary of the latest insurance regulation and premium-related developments affecting insurance contracts procured by a multinational group.

The update covers:The update covers:

  • China – Changes in environmental protection law.
  • Ghana – Oil and gas insurance.
  • India – New regulations for insuring properties in India and strict guidance on pricing of risk.
  • Malta – Increase of stamp duty on insurance premiums.
  • Nigeria – Aviation (re)insurance requirements.
  • Romania – Policyholders’ protection fund levy.
  • Slovenia – Increase in insurance premium tax.
  • Taiwan – Cash before cover for auto insurance.
  • United Kingdom – Insurance premium tax exemption for spacecraft and global reinsurance hub.
  • United States – Anti-inversion notice by the United States treasury.