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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 …
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Denmark's insurance sector is highly developed with a particularly high penetration and density in the life sector …. Traditionally, work-related life insurance and pension savings are offered as a combined package, and life insurance companies … insurance sector, which exceeds those of peers from other Nordic countries and various other EU member states. Assets managed by …
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Hong Kong SAR's economy is recovering strongly as ample policy space has allowed the enaction of swift and bold policy responses to address the unprecedented crisis emanating from multiple shocks, including notably the pandemic. But the recovery remains uneven, with private consumption lagging,...
Persistent link: https://www.econbiz.de/10013168843
The main macro-financial risks relate to extensive linkages to Mainland China, stretched real estate valuations, and exposure to shifts in global market and domestic risk sentiment, compounded by escalating U.S.-China tensions. Stress tests show that the financial system is resilient to severe...
Persistent link: https://www.econbiz.de/10012604041
Hong Kong SAR (HKSAR) is a small and open economy, and a major international financial center with extensive linkages to Mainland China. Over the past two years, Hong Kong SAR's economy and financial sector were adversely impacted by domestic social unrest, US-China tensions, and the global...
Persistent link: https://www.econbiz.de/10012604066