Governance, Risk and Compliance – The Turks and Caicos Islands Insurance Industry

Date: 2015-11
Pages:29
Price:

“• The insurance industry in the Turks and Caicos Islands is regulated by the Financial Services Commission.

• 100% FDI is permitted in the Turks and Caicos Islands insurance industry.

• Composite insurance is permitted in the Turks and Caicos Islands.

• Sales tax on insurance premium is imposed at a rate of 2.5%.

• Non-admitted insurance is prohibited in the Turks and Caicos Islands.”

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