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This paper examines the Insurance Regulation and Supervision for Cyprus’s Financial Sector Assessment Program. The … domestic nonlife market is dominated by motor insurance which accounted for 58 percent of net premiums. All Cypriot business is … reinsured with nondomiciled reinsurers. Health insurance is regulated as nonlife business when written as add-ons to accident …
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The 2012 Article IV Consultation with France discusses the financial and economic conditions of the country. Although France weathered the 2008 financial and subsequent euro area crises relatively well compared with other advanced countries, its recovery has been sluggish. France has become a...
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The Article IV Consultation discusses the IMF Executive Board’s assessment of economic developments and policies in Switzerland. With the exchange rate floor in place for more than one year, the Swiss economy has been relatively stable. Although overall export growth is weak, the external...
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the banking and insurance sectors of Belgium since 2006. The Belgian financial system is relatively large with solid … links between banks and the Belgian sovereign have intensified owing to the crisis, with total exposure of the banking …
Persistent link: https://www.econbiz.de/10011245209
resiliency of banks and insurance companies to severe shocks but illustrate a vulnerability to liquidity shortfalls. … capital buffers as well as sound regulation and supervision have helped mitigate the risks. Stress tests confirm the capital …
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