Fri 22 Mar 2019

News

All  News  Event 

Research Update: “Legal and Financial Aspects of the Implementation Framework and Supervisory Principles Governing M&A Activities of the Insurance Companies”

On December 9, 2018, a professional forum was held at IRC on a lately accomplished research project entitled: “Legal and Financial Aspects of the Implementation Framework and Supervisory Principles Governing M&A Activities of the Insurance Companies” with the participation of the Head of IRC, Research Deputy, experts from the research groups, representatives from General Director of Planning and Technical Affairs Office and General Director of Financial Supervision of Bimeh Markazi, and some investment, financial and official affairs managers from the insurance companies.

Conducted by Insurance Law Research Group, the applied research has attempted to present an analysis of the theoretical foundations of Merger and Acquisition (M&A) practices, the existing relevant rules and regulations of Iran, a brief literature review on M&A-related studies, and the models and implementation of M&A practices in the real world, according to PRIAO, IRC.

Based on the report, the stated purposes of the study were to identify the variables for the identification of the companies involved in M&A practices, to pinpoint the major barriers and challenges of such activities in the insurance industry, to determine the status and the role of the regulatory and supervisory authority (i.e. Bimeh Markazi) in the process of M&A undertakings, to appreciate the main advantages of M&A practices in the insurance industry, to define an implementation framework for the M&A procedures, to formulate and propose a model for M&A undertakings in order to introduce relevant regulations.

It was highlighted in the forum that one of the major subjects focused in this year at IRC was M&A since one of its major benefits is to empower the insurance companies having low financial capacities or incapable of covering larger risks.

The research project is principally divided into five chapters. The first chapter deals with the general details about the study and clarifies some ambiguities related to M&A undertakings. Primarily dedicated to review the theoretical foundations of the research, the second chapter presents M&A concepts and principles, the purpose and motivation of engaging in M&A practices, and the financial and legal aspects of M&A practice.

The study will be accessible in the Persian website of IRC as soon as it is released.



Time: 2018-12-10
View : 100
News Code : 2189
[Printable Version]    [Sent to a friend]
  News  Search Archive

© 2018 Insurance Research Center (IRC). All rights reserved.