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This report is an analysis of the insurance core principles of Malaysia. This assessment gives a clear understanding of … the regulatory and supervisory framework of the insurance sector of Malaysia. Bank Negara Malaysia (BNM) is the best … insurance regulator in this region. Six percent of the financial sector accounts for the insurance sector. The assessment did …
Persistent link: https://www.econbiz.de/10011242461
Insurance regulation and supervision is of a high standard, and most of the enhancements suggested have been put in …
Persistent link: https://www.econbiz.de/10011242543
This paper presents an assessment of Financial Sector Supervision and Regulation for Bermuda. The Bermudian authorities have made impressive progress in developing and implementing a risk-focused approach to supervision across the range of their sectoral supervisory responsibilities. Full...
Persistent link: https://www.econbiz.de/10011242738
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Persistent link: https://www.econbiz.de/10011242808
This paper presents a factual update of the Insurance Core Principles including insurance sector market and regulatory … insurance industry to bring it in line with international best practices. The Insurance Supervision Law (ISL) has reoriented the … management, and market conduct of insurance intermediaries. The ISL also provides for a range of corrective and preventive …
Persistent link: https://www.econbiz.de/10011243001
This technical note discusses key findings of the insurance sector stress tests for Switzerland. The results suggest … that there are market risks inside some Swiss insurance entities that may need focused attention. In particular, a moderate …
Persistent link: https://www.econbiz.de/10011243007
This paper discusses key findings of the Detailed Assessment of the Observance of the Insurance Core Principles for …
Persistent link: https://www.econbiz.de/10011243118
Argentina’s insurance market is fragmented, and competition has increased in recent years. Currently, excessive … premium discounting by insurance companies is creating risks that insurance companies may be under-reserved and may not be … able to meet future liabilities. The evolution of liability insurance is positive but will require developing specific …
Persistent link: https://www.econbiz.de/10011243480
Association of Insurance Supervisor's insurance core principles. The China Insurance Regulatory Commission employs a rules …
Persistent link: https://www.econbiz.de/10011243590
Guernsey’s status as the largest international insurance center in Europe hinges on its progressive infrastructure … observance with the Insurance Core Principles (ICPs). The Guernsey Financial Services Commission (GFSC) should expand its range … Insurance Supervisors (IAIS). The mission advised the GFSC to continually assess the practical implementation of Own Solvency …
Persistent link: https://www.econbiz.de/10011243653