The Belgian insurance industry was adversely affected by the global financial crisis and continued to confront … in updating the insurance regulatory regime and supervisory practice. The updated regulatory framework has a high level … of observance with the Insurance Core Principles (ICPs), supported by robust prudential supervision. The authorities are …

The insurance industry in Australia has weathered the global financial crisis well and was resilient to the … catastrophic events in 2010/11. The insurance industry is mature but relatively small compared to the banking sector. Assets held … insurance market has been consolidating steadily as the total number of players fell from 190 to 172 although branches of …

Insurance Supervisors Insurance Core Principles (ICP). Indian Regulatory and Development Authority (IRDA) has so far decided … that India is not yet ready for a full transition to cutting-edge international approaches owing to informational and …

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 …