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This assessment of insurance regulation in Indonesia was carried out as part of the 2016-17 Financial Sector Assessment … Program (FSAP). The Indonesian insurance sector is still vulnerable to a number of material risks. A number of insurers have … relaxed for nine months while introducing the temporary suspension of mark to market valuation rules. The Indonesian insurance …
Persistent link: https://www.econbiz.de/10012644921
The Thai insurance sector is a relatively small but growing part of the country's financial services industry …. Insurance sector assets have grown from 10 percent of gross domestic product (GDP) in 2006 to over 22 percent of GDP in 2016 … same period. As a result, the insurance penetration ratio (the ratio of premiums written to GDP) has gradually increased …
Persistent link: https://www.econbiz.de/10012646635
an objective view of the impact of FIRST funded projects on the growth in insurance markets as measured by insurance … have led to a change in the insurance premiums as a percentage of GDP. The paper showcases in section three, the dynamic … view and multipronged approaches to the insurance market development by highlighting country case studies, with different …
Persistent link: https://www.econbiz.de/10012646882
Biodiversity loss will be an increasingly important source of risk and opportunity for the insurance sector. The … will be a key aspect of meeting the targets set by the Paris Agreement. Insurance companies will be impacted by …. Insurance can promote investment in biodiversity in three ways: (i) asset protection, (ii) liability reduction, and (iii …
Persistent link: https://www.econbiz.de/10013413734
The European Union's Cohesion Policy is its biggest investment instrument. It supports the Europe 2020 strategy of smart, sustainable, and inclusive growth. With a budget of EUROS 351.8 billion for 2014-2020, the Cohesion Policy accounts for around one-third of the EU budget. The Cohesion Policy...
Persistent link: https://www.econbiz.de/10012645362
statistics on the size of public procurement in economies around the world. While data are publicly available for High …-income economies, for the rest of the world, data and studies are scarce. However, public procurement is as important in developing …
Persistent link: https://www.econbiz.de/10012646534
electronic payments- is crucial for financial inclusion, but firms and individuals also need access to credit, insurance, long … across the world. The survey identified expanded access to finance for firms and individuals and strengthened competition as …
Persistent link: https://www.econbiz.de/10012646626
Policies, institutions, and regulation (PIR) are essential to achieving the Sustainable Development Goals (SDGs … are higher than ever. PIR needs to be strengthened, adjusted, and scaled up to meet the needs of a changing world. The … World Bank has reviewed the experience of various countries with PIR and has documented its insights in a new report. This …
Persistent link: https://www.econbiz.de/10013414082
insurance sectors and the challenges to their development. The exercise for insurance did not involve a full assessment against … the Insurance Core Principles of the International Association of Insurance Supervisors. During the FSAP, meetings were … insurance sectors …
Persistent link: https://www.econbiz.de/10012247484
The insurance industry in Albania is relatively new. Prior to 1991, there were no insurance companies operating in the … country. The insurance industry has been undergoing critical changes during the last decade. The life market in Albania is … small, and still dominated by credit life insurance. Life insurance was introduced only in 1997 and made up about seven …
Persistent link: https://www.econbiz.de/10012646809