Page 196 - RISK Management IC 86
P. 196
Risk Management
the regulations of the recipient country relating to
the inflows of investment funds.
iv) Insurance Regulations -the choice of risk financing
methods may be limited by:
(i) compulsory insurance regulations which require
anyone wishing to engage in specified risks with
an authorised insurer.
(ii) insurance legislation which requires all risks to
be insured locally and which may does prevent
an overseas subsidiary company, from either
insuring abroad or even remitting any
contributions to a central contingency fund
operated by its parent company.
Sashi Publications - www.sashipublications.com 197
Copyright@ The Insurance Times. 09883398055 / 09883380339
