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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 …
Persistent link: https://www.econbiz.de/10012604079
deepest, most developed insurance markets in the world. Insurance penetration is 50 percent higher than in the European Union …This paper provides an assessment of the insurance sector in the United Kingdom. The United Kingdom has one of the … 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
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How many people are employed by the government? How many are employed by the central government compared with the state and local authorities? How many are employed in public enterprise? How much are they all paid? How much are they paid relative to each other, or relative to the private sector?...
Persistent link: https://www.econbiz.de/10014399852
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 …
Persistent link: https://www.econbiz.de/10012302828
preserving financial stability. While the legal, regulatory, and supervisory frameworks for banking and insurance sector have …
Persistent link: https://www.econbiz.de/10011460156
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
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
The Norwegian insurance sector is well-capitalized. In recent years, the authorities have taken steps to recapitalize …
Persistent link: https://www.econbiz.de/10012302809
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