still in their infancy. Similarly, despite the introduction of new private sector insurance companies coverage of insurance … public ownership in banks and insurance companies, expansion of the contractual savings system through more rapid expansion … of the insurance and pension systems, greater spread of mutual funds, and development of institutional investors. It is …

work. Recently, more emphasis has also been placed on the role of insurance for financial stability analysis. This paper … reviews the current state of system-wide solvency stress tests for insurance based on a comparative review of national … consistent implementation of such exercises. The paper also offers recommendations on improving the current insurance stress …

This paper estimates insurance requirements against natural disasters (NDs) in the Eastern Caribbean Currency Union … (ECCU) using an insurance layering framework. The layers include a government saving fund, as well as market instruments …