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Sweden : financial sector assessment program : technical note : insurance sector regulation and supervision
Internationaler Währungsfonds - 2017
Sweden in the areas of insurance sector regulation and supervision. The regulatory and supervisory framework has been … recommended to strengthen solvency regulation further. Solvency II should be applied in full to occupational pensions insurance …
Persistent link: https://www.econbiz.de/10011756173
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Montenegro : financial system stability assessment
Internationaler Währungsfonds - 2016
preserving financial stability. While the legal, regulatory, and supervisory frameworks for banking and insurance sector have …
Persistent link: https://www.econbiz.de/10011460156
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United Kingdom : financial sector assessment program : financial system stability assessment
Internationaler Währungsfonds - 2022
The U.K. financial sector is globally systemic, open, and complex. It has weathered the COVID-19 pandemic fittingly, thanks to the post-GFC reforms, a proactive macroprudential stance, and an effective multipronged response to maintain financial stability. Brexit uncertainties are being handled...
Persistent link: https://www.econbiz.de/10013168903
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France : selected issues
Internationaler Währungsfonds - 2019
This Selected Issues paper analyzes France's fiscal stance using a structural stochastic model. The theoretical model features a forward-looking benevolent government that needs to decide the optimal fiscal stance given the level of public debt, the cyclical position of the economy, and...
Persistent link: https://www.econbiz.de/10012108360
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Grenada : disaster resilience strategy
Internationaler Währungsfonds - 2022
Natural disasters and climate change are existential threats to Grenada, with annual losses from these events estimated at 1.7 percent of GDP. Grenada has proactively pursued resilience-building, with its Climate Change Policy and National Adaptation Plan providing detailed roadmaps for...
Persistent link: https://www.econbiz.de/10013168774
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South Africa : financial sector assessment program : financial system stability assessment
Internationaler Währungsfonds - 2022
The economy recovered strongly in 2021, following an unprecedented real output contraction in 2020. However, the outlook remains precarious amidst projected future low growth, high unemployment and adverse debt dynamics, and the recovery pace is unlikely to be sustained. Ample buffers allowed...
Persistent link: https://www.econbiz.de/10013169066
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People's Republic of China-Hong Kong Special Administrative Region : financial sector assessment program : technical note : insurance sector regulation and supervision
Internationaler Währungsfonds - 2021
This note provides an update and assessment of developments in insurance supervision since 2014. It is part of the 2020 …, 2019. It has not been updated for the impact of recent global events associated with the COVID-19 pandemic. The insurance … sector is large, especially long-term (life) insurance, highly international and has been growing steadily. The long …
Persistent link: https://www.econbiz.de/10012604079
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Norway : financial sector assessment program : technical note : insurance sector oversight
Internationaler Währungsfonds - 2020
The Norwegian insurance sector is well-capitalized. In recent years, the authorities have taken steps to recapitalize …
Persistent link: https://www.econbiz.de/10012302809
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Italy : financial sector assessment program : technical note : insurance sector regulation and supervision
Internationaler Währungsfonds - 2020
Italian insurance sector since the last assessment concluded in 2013. The mission conducted a target review focusing on the … weaknesses without a full assessment of Italy's observance with the International Association of Insurance Supervisors (IAIS …) Insurance Core Principles (ICPs). Implementation of the European Union (EU) Solvency II Directive in 2016 has significantly …
Persistent link: https://www.econbiz.de/10012266779
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United Kingdom : financial sector assessment program : insurance sector : technical note
Internationaler Währungsfonds - 2016
This paper provides an assessment of the insurance sector in the United Kingdom. The United Kingdom has one of the … deepest, most developed insurance markets in the world. Insurance penetration is 50 percent higher than in the European Union … or other advanced economies, and the expenditure per capita in insurance amounts to USD 5,429 as compared with USD 3 …
Persistent link: https://www.econbiz.de/10011675319