Insurance regulation and supervision is of a high standard, and most of the enhancements suggested have been put in …

This report presents a Detailed Assessment of the Observance of the Insurance Core Principles Report on Jersey. Other … than the international business, most cover is obtained from insurers based overseas by the large insurance broker … community on the island. There is no ombudsman and no policyholder compensation arrangements for insurance business on the …

, the International Association of Insurance Supervisors (IAIS) principles for regulation, the International Organization of …

simulation of the effect of a potential double-dip recession on solvency of Guernsey banks and insurance companies. The STs … assess the sensitivity of banks and insurance companies to single-factor shocks to risk types affecting solvency and …

Insurance regulation in South Africa is sound and takes a thorough approach to regulation, recognizes the scale and … improving standards of market conduct, in both long-term and short-term insurance. The Financial Services Board is appropriately …

This report is a full assessment of Brazil’s compliance with the Insurance Core Principles (ICPs) of the … International Association of Insurance Supervisors (IAIS) as adopted in October 2011. In the last few years, the Brazilian insurance … industry experienced an explosive growth doubling the premium between 2005 and 2010. Investments by the insurance sector are …

This paper discusses the findings of Detailed Assessment of International Association of Insurance Supervisors (IAIS …) insurance core principles on Italy. Regulation and supervision of the insurance industry in Italy is the responsibility of the … newly established Institution for the Supervision of Insurance (IVASS). IVASS has reached international best practice in …

€™s insurance market and the supervisory framework. The assessment was benchmarked against the Insurance Core Principles (ICPs …) issued by the International Association of Insurance Supervisors (IAISs). It is advised that the National Insurance … Commission (NAICOM) of Nigeria can expand the objective to include the creation of a fair, safe, and stable insurance sector for …

The Belgian insurance industry was adversely affected by the global financial crisis and continued to confront … in updating the insurance regulatory regime and supervisory practice. The updated regulatory framework has a high level … of observance with the Insurance Core Principles (ICPs), supported by robust prudential supervision. The authorities are …