Showing 1 - 10 of 54
Persistent link: https://www.econbiz.de/10014409845
The paper emphasizes the role of institutions and incentives in the presence of externalities. An economy with multiple … responsiveness of output to market signals. In addition, the paper addresses the adverse effects of bank insurance and soft budget …
Persistent link: https://www.econbiz.de/10014396155
This paper examines the possibility of ascertaining the welfare changes that occur when a consumption tax replaces an equal-yield income tax. It finds that those with saving/income ratios greater than the social saving/income ratio under the income tax will surely benefit and those with ratios...
Persistent link: https://www.econbiz.de/10014395882
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 …
Persistent link: https://www.econbiz.de/10012644836
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 …
Persistent link: https://www.econbiz.de/10012644921
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 …
Persistent link: https://www.econbiz.de/10012646635
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 …
Persistent link: https://www.econbiz.de/10012560017
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 …
Persistent link: https://www.econbiz.de/10012247124
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 …
Persistent link: https://www.econbiz.de/10012247696
This paper discusses findings of the Financial System Stability Assessment for Georgia. Georgia has weathered several shocks, but still faces a number of important risks. The economy has withstood well the conflict with Russia, the global financial crisis, and domestic political uncertainty....
Persistent link: https://www.econbiz.de/10011244303