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 …

This report is a full assessment of Brazil’s compliance with the Insurance Core Principles (ICPs) of the … International Association of Insurance Supervisors (IAIS) as adopted in October 2011. In the last few years, the Brazilian insurance … industry experienced an explosive growth doubling the premium between 2005 and 2010. Investments by the insurance sector are …

Insurance regulation and supervision is of a high standard, and most of the enhancements suggested have been put in …

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 paper presents a detailed assessment of the observance of the Insurance Core Principles (ICP) of the International … Association of Insurance Supervisors (IAIS) in Spain. The IMF, for their assessment, consulted the review of a self …-assessment prepared by the General Directorate of Insurance and Pension Funds (DGSFP), comments from Private Insurance Organization and …

€™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 …

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 …

This paper discusses the findings of Detailed Assessment of International Association of Insurance Supervisors (IAIS …) insurance core principles on Italy. Regulation and supervision of the insurance industry in Italy is the responsibility of the … newly established Institution for the Supervision of Insurance (IVASS). IVASS has reached international best practice in …