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This paper discusses the key sources of vulnerabilities for pension plans and insurance companies in light of the …
Persistent link: https://www.econbiz.de/10012677814
surveillance 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 …
Persistent link: https://www.econbiz.de/10012690575
Persistent link: https://www.econbiz.de/10012691193
In today's financial system, complex financial institutions are connected through an opaque network of financial exposures. These connections contribute to financial deepening and greater savings allocation efficiency, but are also unstable channels of contagion. Basel III and Solvency II should...
Persistent link: https://www.econbiz.de/10009203537
This paper focuses on asset allocation decisions of life insurance companies in emerging markets. Mature market … markets play an important role in asset allocation decisions of insurers. Insurance companies are increasingly adopting asset …
Persistent link: https://www.econbiz.de/10005825993
The Chinese pension system is highly fragmented and decentralized, with governance standards, pension fund management practices, their regulation and supervision varying considerably both across the funded components of the Chinese pension system and across provinces. This paper describes the...
Persistent link: https://www.econbiz.de/10008540915
This paper explores insurance as a source of financial system vulnerability. It provides a brief overview of the … insurance industry and reviews the risks it faces, as well as several recent failures of insurance companies that had systemic … used for surveillance of financial soundness of insurance companies and the insurance sector as a whole. …
Persistent link: https://www.econbiz.de/10005599218
The paper discusses the limits to market-based risk transfer in the financial system and the implications for the management of systemic long-term financial risks. Financial instruments or markets to transfer and better manage these risks across institutions and sectors are, as yet, either...
Persistent link: https://www.econbiz.de/10005599607
insurance companies are largely exposed to the "safer" senior tranches. …
Persistent link: https://www.econbiz.de/10005826449
The paper reviews the development of offshore financial activities in the English-speaking Caribbean islands and takes stock of the size and status of these sectors today. In view of the heightened concerns of the international community about money laundering, the costs and risks to countries...
Persistent link: https://www.econbiz.de/10005599598