preserving financial stability. While the legal, regulatory, and supervisory frameworks for banking and insurance sector have …

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 …

The Norwegian insurance sector is well-capitalized. In recent years, the authorities have taken steps to recapitalize …

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 …

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 …

Financial Sector Assessment Program; Technical Note-Insurance Regulation and Supervision …

This Technical Note on Insurance Sector Regulation and Supervision provides an update and an assessment of the … development of regulation and supervision of the Polish insurance sector since an assessment concluded in 2012. The note focuses … insurer, poses supervisory challenges. In respect to the selected other areas of the insurance framework that were reviewed …

This paper reviews observance of Insurance Core Principles in Indonesia. Insurance regulation and supervision have been … remarkably improved since the establishment of the Financial Services Authority (OJK) and the enactment of the new Insurance Law …. However, the assessment has identified a significant number of shortfalls in observance with the Insurance Core Principles …