Governance, Risk and Compliance – The Bosnia and Herzegovina Insurance Industry

Date: 2015-11
Pages:38
Price:

“• The insurance industry of Bosnia and Herzegovina is regulated by the Insurance Supervisory Agency of Federation of Bosnia and Herzegovina , Insurance Agency of Bosnia and Herzegovina and the Insurance Agency of the Republic of Srpska .

• Up to 100% FDI is permitted in the insurance industry of Bosnia and Herzegovina.

• Composite insurance is permitted in Bosnia and Herzegovina.

• Motor third-party liability, passengers’ accident liability, aviation third-party liability and workmen’s compensation are compulsory classes of insurance in Bosnia and Herzegovina.

• Non-admitted insurance is not permitted in the insurance industry of Bosnia and Herzegovina.”

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