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Axco Life & Benefits reports offer essential insurance regulation and tax compliance information as well as detail on company registration and operating requirements, including types of licence, capital requirements, limits on foreign ownership, and solvency margins.Reports also supply information on social security schemes, mandatory schemes and local benefits practice.The database offers a comprehensive, customisable compliance overview of multiple markets, with the facility to view line of business-specific regulation.Using a Question & Answer structure with topics compiled from clients' most frequently asked compliance questions, Insight Compliance gives users the essential information relevant to their individual regulatory requirements.Insight Compliance allows users to choose both the information most relevant to them and the way in which they view it.Multiple classes and subclasses of business, topics, countries and regions can all be viewed simultaneously, and users can refine the volume of data they wish to view at any point.
Summarised versions of these more comprehensive products include CIMS Market Profiles for insurance markets, and Insight EB, which offer an overview of employee benefits.
Axco standardises figures and translates information to provide consistency for subscribers' ease of use, and all statistics are delivered in a clear and accessible format that allows subscribers to easily compare and contrast insurance data across markets.
Global Statistics users can view market rankings on the basis of written premium, insurance penetration and general economic data.
Both current and historical insurance statistics are provided for non-life (P&C), life and benefits, personal accident and healthcare markets, and Global Statistics can be used on its own or in conjunction with other Axco products to give a comprehensive picture of insurance markets across the globe.
Axco Global Statistics supplies data on written premiums, year on year growth, technical results including loss ratios and combined ratios, and more.
Compliance Point adapts the Q&A format to lead users through an intelligent questioning system, asking questions and responding according to the information provided by users to help assess the compliance status of their insurance programmes and the taxes and charges applicable.