€™s insurance market and the supervisory framework. The assessment was benchmarked against the Insurance Core Principles (ICPs …) issued by the International Association of Insurance Supervisors (IAISs). It is advised that the National Insurance … Commission (NAICOM) of Nigeria can expand the objective to include the creation of a fair, safe, and stable insurance sector for …

date and also discusses Fund advice for managing the price increases. Policies should (i) ensure that food and finance …

, or correctly defined, shadow prices. We show how shadow prices may be integrated into an analysis of tax and price reform …

of Standards and Codes on Insurance Regulation. The assessment reveals that financial intermediation in Hungary has …

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 paper presents a factual update of the Insurance Core Principles including insurance sector market and regulatory … insurance industry to bring it in line with international best practices. The Insurance Supervision Law (ISL) has reoriented the … management, and market conduct of insurance intermediaries. The ISL also provides for a range of corrective and preventive …

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

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 …

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 …