. Ongoing activities include Islamic banking, sukuk issuances (to finance infrastructure projects), Takaful (insurance), and …

' exante leverage and insurance decisions are associated with aggregate demand externalities. The competitive equilibrium … mandatory insurance requirements. The size of the required intervention depends on the differences in marginal propensity to …

surveillance work. Recently, more emphasis has also been placed on the role of insurance for financial stability analysis. This … paper reviews the current state of system-wide solvency stress tests for insurance based on a comparative review of national … consistent implementation of such exercises. The paper also offers recommendations on improving the current insurance stress …

This paper discusses key findings of the Detailed Assessment of Observance of Insurance Core Principles for France. The … assessment reveals that insurance regulation and supervision are still predominantly carried out using a Solvency I approach. The … insurance sector remained resilient through the recent global financial crisis. A thorough approach to assessing insurer …

resiliency of banks and insurance companies to severe shocks but illustrate a vulnerability to liquidity shortfalls. …

, threatening the business models of life insurance and pension companies. …