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 …

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 technical note covers the insurance sector supervised by the CBR. The analysis was carried out as part of the 2016 … during the mission. The assessment has been supported by discussions with the CBR and the insurance market participants. the … Russian insurance industry ranked 27th in the world. Non-life insurance premium accounted for 89 percent of GPW while life …

This assessment of insurance regulation in Indonesia was carried out as part of the 2016-17 Financial Sector Assessment … Program (FSAP). The Indonesian insurance sector is still vulnerable to a number of material risks. A number of insurers have … relaxed for nine months while introducing the temporary suspension of mark to market valuation rules. The Indonesian insurance …

The Thai insurance sector is a relatively small but growing part of the country's financial services industry …. Insurance sector assets have grown from 10 percent of gross domestic product (GDP) in 2006 to over 22 percent of GDP in 2016 … same period. As a result, the insurance penetration ratio (the ratio of premiums written to GDP) has gradually increased …

This note summarizes the conclusions of the review of the insurance sector in the Philippines as part of the Financial … insurance sector in the Philippines with respect to: a) the potential exposure of the sector to vulnerabilities, either …

The penetration level of the insurance and pension sectors in Malawi is low, but it seems adequate as compared with … inexistent and supervision is weak. An innovative pilot experience of weather micro-insurance is a good example of private … needs to take into account that possibilities to increase micro-insurance penetration may be affected by the level of …

for regulation and supervision of all players in the insurance market. In addition to its role as a supervisor, SSN has … powers to issue regulations, is responsible for advising the executive on issues related to insurance, and can propose draft … was performed using the 2007 version of the core principles for insurance supervision issued by the International …

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 …

Insurance regulation in South Africa is sound and takes a thorough approach to regulation, recognizes the scale and … improving standards of market conduct, in both long-term and short-term insurance. The Financial Services Board is appropriately …