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 …

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 … development of the market, and the need for effective market conduct as prudential regulation. There are particular challenges in … improving standards of market conduct, in both long-term and short-term insurance. The Financial Services Board is appropriately …

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 …

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

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 …

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 …