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The Norwegian insurance sector is well-capitalized. In recent years, the authorities have taken steps to recapitalize … weak insurers and to boost capital for the overall industry. Risk-resilience has been strengthened by stronger retention of … profits leading to accumulation of reserves, better risk management, and higher capital in the run-up to the implementation of …
Persistent link: https://www.econbiz.de/10012302809
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
Financial Sector Assessment Program; Technical Note-Insurance Regulation and Supervision …
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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 …, with responsibility for prudential regulation, consumer protection, and macroprudential regulation. Some measures are …
Persistent link: https://www.econbiz.de/10011756173
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
. Mortgage insurance schemes are widely used-which was reflected in the way the risk assessment for banks was conducted. Korea …This note presents the systemic risk analysis conducted for the Republic of Korea in the course of the 2019 Korea FSAP … focus for its forward-looking risk analysis. They include Korea's strong export orientation, limited diversification, and …
Persistent link: https://www.econbiz.de/10012302756
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