This paper discusses the key sources of vulnerabilities for pension plans and insurance companies in light of the … institutions including insurance and pensions; and 5) the need to revisit the resolution and crisis management framework for … insurance and pensions …

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 …

This Technical Note analyzes the insurance sector in Serbia. The Serbian insurance sector remains small and …, which forced many corporate policyholders to cancel their insurance. The paper highlights that the Serbian insurance sector …

integration, supervisory responses, development of the insurance sector, payment and securities settlement arrangements, and …

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 …

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 …

This technical note discusses key findings of the assessment of Insurance Core Principles (ICP) for the reinsurance …