Non-admitted insurance: Strictly prohibited except as provided by EU legislation.
Premium taxes paid by insured: Fire: 22.25%; automobile: 11.5%; personal accident: 2.5%; marine: 12.5%; liability: 22.25%.
Regulator: The insurance market is regulated by the Insurance Supervisory Divisions of the Institute for Control or Private Insurance Companies (ISVAP).
Overall risk rating: low
