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The insurance industry in Philippines is small but growing. Insurance penetration remains below that observed in many … the last five years, the Insurance Commission (IC) has made a significant effort to improve insurance regulation and … oversight of insurance intermediaries should be improved. IC should review its resources and organization to meet the demands of …
Persistent link: https://www.econbiz.de/10012642790
This note summarizes the findings and conclusions of the review of the insurance sector in Mali. The review was … assess the structure, performance, and outlook of the insurance sector with respect to the potential for the sector to …'s population. The insurance market in Mali falls short of its potential today; however, its outlook is promising. This technical …
Persistent link: https://www.econbiz.de/10012644588
This technical note covers the insurance sector supervised by the CBR. The analysis was carried out as part of the 2016 … during the mission. The assessment has been supported by discussions with the CBR and the insurance market participants. the … Russian insurance industry ranked 27th in the world. Non-life insurance premium accounted for 89 percent of GPW while life …
Persistent link: https://www.econbiz.de/10012644836
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
The penetration level of the insurance and pension sectors in Malawi is low, but it seems adequate as compared with … inexistent and supervision is weak. An innovative pilot experience of weather micro-insurance is a good example of private … needs to take into account that possibilities to increase micro-insurance penetration may be affected by the level of …
Persistent link: https://www.econbiz.de/10012247124
The Serbian insurance sector remains small and underdeveloped. Over the last three years, the market experienced very … forced many corporate policyholders to cancel their insurance, and fierce price competition among the growing number of … players. With consumption of 76 Pounds and 10 Pounds per capita for non-life and life insurance, respectively, Serbia lags …
Persistent link: https://www.econbiz.de/10012247280
for regulation and supervision of all players in the insurance market. In addition to its role as a supervisor, SSN has … powers to issue regulations, is responsible for advising the executive on issues related to insurance, and can propose draft … was performed using the 2007 version of the core principles for insurance supervision issued by the International …
Persistent link: https://www.econbiz.de/10012247696