Global Insurance Regulatory and Premium Tax Update February 2014

The Global Insurance Regulatory and Premium Tax Update is a summary of the latest insurance regulation and premium-related news that could affect insurance contracts procured by a multinational group.

This update covers:

• Czech Republic – Prevention Fund Contribution.
• Chile – Insurance regulation.
• Ecuador – Social security levy.
• France – Compulsory insurance.
• Greece – Premium payments.
• Malaysia – Goods and services tax.
• Mexico – Value-added tax on premiums.
• Nigeria – Approval for offshore reinsurance.
• Puerto Rico – Insolvency levy.
• Uganda – Stamp duty.