**Table 4 Continued. Mapping:** **_Insurance Services_**

|**Australian categories**|**Weight**|**Score**<br>**Wei**<br>**scor**|**ghted**<br>**e**<br>**The World Bank data**|**Weight**|<br>**Score**|**Weighted**<br>**score**|
|---|---|---|---|---|---|---|
|**Cross-border Trade**|||**Cross-border Trade**||||
|**Cross-border insurance supply by foreign**<br>**insurance companies**|**_0.2_**||**Cross-border insurance supply by foreign insurance companies**|**_0.2_**|||
|Foreign insurance companies are not<br>permitted to provide the host country<br>residents with any type of cross-border<br>insurance services.|**_0.2_**|**_1_**|Market entry is not allowed (mode 1)|**_0.2_**|**_1_**||
|Foreign insurance companies are permitted to<br>provide the host country residents with certain<br>types of cross-border insurance services.|**_0.2_**|**_0.75_**|Market entry is allowed but it domestic unavailability of service desired is required|**_0.2_**|**_0.75_**||
|Foreign insurance companies are permitted to<br>provide the host country residents with any<br>type of cross-border insurance services with<br>licenses.|**_0.2_**|**_0.5_**|Market entry is allowed but both the following restrictions apply: (a) restriction on sector of the<br>firm using the service, (b) other forms of restrictions|**_0.2_**|**_0.5_**||
|Foreign insurance companies are permitted to<br>provide the host country residents with any<br>type of cross-border insurance services<br>without restrictions.<br>|**_0.2_**|**_0_**|Market entry is allowed but one the following restrictions apply: (a) restriction on sector of the<br>firm using the service, (b)other forms of restrictions|**_0.2_**|**_0.25_**||
|Foreign insurance companies are permitted to<br>provide the host country residents with any<br>type of cross-border insurance services<br>without restrictions.|**_0.2_**|**_0_**|Market entry is allowed but none the following restrictions apply: (a) restriction on sector of the<br>firm using the service, (b) other forms of restrictions|**_0.2_**|**_0_**||
|**Other Restrictions**|||**Other Restrictions**||||
|**Other business of insurances - banking**<br>**and securities -**|**_0.1_**||**Proxy: Other restrictions on foreign insurance companies**|**_0.1_**|||
|Insurance companies can only provide<br>insurance services.|**_0.1_**||Restriction on repatriation of earning|**_0.01_**|**_0.33_**||
|Insurance companies can provide insurance<br>services plus one other type of business -<br>banking or security services –|**_0.1_**||Difference in licensing criteria for foreign and domestic applicants|**_0.01_**|**_0.33_**||
|Insurance companies have no restrictions on<br>conducting other lines of business.<br>Score is taken from column H of the World<br>Bank matrix|**_0.1_**<br>**_0.1_**||Other forms of discrimination<br>Sum|**_0.01_**|**_0.33_**||
|**Expanding the number of insurance**<br>**outlets**|**_0.05_**||**Expanding the number of insurance outlets**|**_0.05_**|||
|One insurance outlet with no new insurance<br>outlet permitted.|**_0.05_**|**_1_**|Restriction on the number of branches|**_0.05_**|**_1_**||
|Number of insurance outlets is limited in<br>number and location.|**_0.05_**|**_NA_**|||||
|Expansion of insurance outlets in subject to<br>non-prudential regulatory approval.|**_0.05_**|**_NA_**|||||
|No restriction for insurance companies<br>expanding operations|**_0.05_**|**_0_**|No restriction on the number of branches|**_0.05_**|**_0_**||
|**Composition of the board of directors**|**_0.02_**||**Composition of the board of directors**|**_0.02_**|||
|The score is inversely proportional to the<br>percentage of the board that can comprise<br>foreigners.|**_0.02_**|**_1-b_**|The score is inversely proportionately to the percentage of the board that can comprise foreigners.<br>If b = maximum percentage of the board that can comprise foreigners.|<br>_0.02_|_1-b_||
|**Temporary movement of people**|**_0.01_**||**Temporary movement of people ( we used information on temporary movement of people**<br>**for accounting services)**|**_0.01_**|||
|No temporary entry of executives, senior<br>managers and/or specialists.|**_0.01_**|**_1_**|No limitation on the duration of stay initially allowed for IPC|0.01|1||
|Temporary entry of executives, senior<br>managers and/or specialists up to 30 days.|**_0.01_**|**_0.75_**|Duration of stay initially allowed for IPC is up to 1 month|0.01|0.75||
|Temporary entry of executives, senior<br>managers and/or specialists up to 60 days.|**_0.01_**|**_0.5_**|Duration of stay initially allowed for IPC is up to 2 month|0.01|0.5||
|Temporary entry of executives, senior<br>managers and/or specialists up to 90 days.|**_0.01_**|**_0.25_**|Duration of stay initially allowed for IPC is up to 3 month|0.01|0.25||
|Temporary entry of executives, senior<br>|**_0.01_**|**_0_**|Duration of stay initially allowed for IPC is over 3 month|0.01|0||
|managers and/or specialists over 90 days.<br>**Total**|**_1_**|||**_1_**|||

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