of Standards and Codes on Insurance Regulation. The assessment reveals that financial intermediation in Hungary has …

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 …

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 …

The insurance industry in Australia has weathered the global financial crisis well and was resilient to the … catastrophic events in 2010/11. The insurance industry is mature but relatively small compared to the banking sector. Assets held … insurance market has been consolidating steadily as the total number of players fell from 190 to 172 although branches of …

This Working Paper is a detailed assessment of Japan’s compliance with the Insurance Core Principles of the … International Association of Insurance Supervisors. The paper identifies a reduction in interest rates and equity prices as two … factors that influence the structure and functioning of the insurance market and emphasizes the important role played by the …

The staff report highlights that the insurance sector in Sweden is well developed and mature. The captive insurance … developments in the insurance sector of Sweden since 2002. The assessment is based solely on the laws, regulations, and other …