Governance, Risk and Compliance – The Palestinian Insurance Industry

Date: 2015-11

“• The Palestinian insurance industry is supervised and regulated by the Palestine Capital Market Authority.

• Up to 49% FDI is allowed in the Palestinian insurance industry.

• The placement of non-admitted insurance and reinsurance contracts is completely prohibited in Palestine.

• Composite insurance is permitted in Palestine.

• Motor insurance and workers’ compensation insurance are compulsory in Palestine.”

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