The staff report highlights that the insurance sector in Sweden is well developed and mature. The captive insurance … developments in the insurance sector of Sweden since 2002. The assessment is based solely on the laws, regulations, and other …

simulation of the effect of a potential double-dip recession on solvency of Guernsey banks and insurance companies. The STs … assess the sensitivity of banks and insurance companies to single-factor shocks to risk types affecting solvency and …

Guernsey’s status as the largest international insurance center in Europe hinges on its progressive infrastructure and … with the Insurance Core Principles (ICPs). The Guernsey Financial Services Commission (GFSC) should expand its range of … enforcement powers and also implement the public disclosure standards established by the International Association of Insurance …

This paper discusses Canada's Financial Sector Assessment Program (FSAP) impact on the insurance sector of a low …) in the banking sector to address broader risks …

This paper discusses key findings of the Detailed Assessment of Observance of the Insurance Core Principles on the … United States. The assessment finds a reasonable level of observance of the Insurance Core Principles. There are many areas … through the processes of the National Association of Insurance Commissioners. Lead state regulation is developing and a …

This technical note discusses key findings of the assessment of Insurance Core Principles (ICP) for the reinsurance …

The main vulnerabilities in the financial sector can be found in the banking system and the social security fund (SSNIT …

This technical note discusses key findings of the insurance sector stress tests for Switzerland. The results suggest … that there are market risks inside some Swiss insurance entities that may need focused attention. In particular, a moderate …

This paper examines the Insurance Regulation and Supervision for Cyprus’s Financial Sector Assessment Program. The … domestic nonlife market is dominated by motor insurance which accounted for 58 percent of net premiums. All Cypriot business is … reinsured with nondomiciled reinsurers. Health insurance is regulated as nonlife business when written as add-ons to accident …