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in the financial sector. The working hypothesis is that the insurance industry has improved its position, resulting in …
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The U.K. financial sector is globally systemic, open, and complex. It has weathered the COVID-19 pandemic fittingly, thanks to the post-GFC reforms, a proactive macroprudential stance, and an effective multipronged response to maintain financial stability. Brexit uncertainties are being handled...
Persistent link: https://www.econbiz.de/10013168903
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 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
Italian insurance sector since the last assessment concluded in 2013. The mission conducted a target review focusing on the … weaknesses without a full assessment of Italy's observance with the International Association of Insurance Supervisors (IAIS …) Insurance Core Principles (ICPs). Implementation of the European Union (EU) Solvency II Directive in 2016 has significantly …
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Financial Sector Assessment Program; Technical Note-Insurance Regulation and Supervision …
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The regulatory framework for insurance supervision in the United Kingdom is sophisticated and the authorities are … leaders in supervisory techniques. Observance with the Insurance Core Principles (ICPs) is very high compared to peers with 17 …
Persistent link: https://www.econbiz.de/10015060503