Download or read book Guidance on Insurance Regulation and Supervision for Emerging Market Economies written by International Association of Insurance Supervisors and published by . This book was released on 1997 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Insurance Regulation and Supervision in Asia and Latin America written by OECD and published by OECD Publishing. This book was released on 2001-06-11 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication provides two sets of comparative studies on insurance regulation and supervision covering Asia and Latin America. Altogether 31 countries and economies in these regions are covered.
Download or read book Financial Sector Assessment written by World Bank and published by World Bank Publications. This book was released on 2005-09-29 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt: The experience of many countries around the world clearly shows that while financial sector development can spur economic growth, financial fragility and instability can seriously harm growth. Following the financial crises of the late 1990s, there has been increasing interest in the systematic assessment of the strengths and weaknesses of financial systems, with the ultimate goal of formulating appropriate policies to foster financial stability, and stimulate financial sector development. Consequently, there has been an increased demand from financial sector authorities in many countries, as well as from the Bank and International Monetary Fund (IMF) staff for information on key issues, and sound practices in the assessment of financial systems, and in the design of policy responses. This Handbook of Financial Sector Assessment is a response to this demand. The Handbook presents an overall analytical framework for assessing financial system stability and developmental needs, providing broad guidance on approaches, methodologies, and techniques of assessing financial systems. Although the Handbook draws substantially on Bank and IMF experience with the financial sector assessment programs (FSAPs), and from the broader policy and operational work in both institutions, it is designed for generic use in financial sector assessments, whether conducted by country authorities themselves, or by Bank and IMF teams. It is, therefore, hoped the Handbook will serve as an authoritative source on the objectives, analytical framework, and methodologies of financial sector assessments, as well as a comprehensive reference book for training on the techniques of such assessments.
Download or read book Insurance Regulation and Supervision in Latin America written by Organisation for Economic Co-operation and Development and published by OECD Publishing. This book was released on 2003 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication provides a comparative study of insurance regulation and supervision in nineteen Latin American countries. It also includes materials prepared for two policy dialogue meetings, in Honduras in 2002 and in the Dominican Republic in 2003, between OECD Member countries and partner countries in Latin America to facilitate the co-operation and co-ordination among insurance regulators and supervisors. This publication is a reference tool for experts and policy makers, working in the insurance field.
Download or read book Implementing Risk Based Supervision in Emerging Markets written by Michael Cohen and published by LAP Lambert Academic Publishing. This book was released on 2012 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph outlines how the risk based approaches to supervision and regulation of insurance companies and pension funds being used in developed economies can be adapted for use in emerging markets. It discusses the impediments to implementation of risk based supervision and offers a practical but powerful approach to assist governments and government agencies charged with ensuring the solvency of financial institutions to fulfill their mandate in an efficient and effective manner.
Download or read book Insurance Legislation and Supervision in Developing Countries written by United Nations Conference on Trade and Development and published by New York : UN. This book was released on 1972 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book New Paradigms for Financial Regulation written by Masahiro Kawai and published by Rowman & Littlefield. This book was released on 2012-12-20 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Brookings Institution Press and Asian Development Bank Institute publication The global financial crisis has led to a sweeping reevaluation of financial market regulation and macroeconomic policies. Emerging markets need to balance the goals of financial development and broader financial inclusion with the imperative of strengthening macroeconomic and financial stability. The third in a series on emerging markets, New Paradigms for Financial Regulation develops new analytical frameworks and provides policy prescriptions for how the frameworks should be adapted to a world of more free and more volatile capital. This volume provides an overview of the global regulatory landscape from the perspective of Asian emerging markets. The contributors discuss the many challenges ahead in developing sound and flexible financial regulatory systems for emerging market economies. The challenges are heightened by the rising integration of these economies into global trade and finance, the growing sophistication of their financial systems as globalization and emergence processes accelerate, and their potential vulnerability to instability arising from the financial markets in the advanced economies. The contributors provide guidance about pitfalls to be avoided, general principles that should guide the creation of sound regulatory systems, and valuable analytic perspectives about how to continue to broaden the financial sector and innovate while still maintaining financial and macroeconomic stability.
Download or read book The Economics Regulation and Systemic Risk of Insurance Markets written by Felix Hufeld and published by Oxford University Press. This book was released on 2016-10-28 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the importance of insurance in enabling individual and collective social, economic, and financial activities, discussions about the macroeconomic role and risks of insurance markets are surprisingly limited. This book brings together academics, regulators, and industry experts to provide a multifaceted array of research and perspectives on insurance, its role and functioning, and the potential systemic risk it could create. The first part discusses the macroeconomic role of insurance and how insurance is different from banking and general finance. Understanding the differences between the balance sheets of insurers and other financial intermediaries is essential for understanding the potential differences in risk nature and optimal regulation. The second part of the book focuses on the risks managed by the insurance sector and the potential for systemic risk. The chapters discuss the risks both on the asset and liability sides of insurers' balance sheets. The third part of the book covers the impact of regulation on insurance companies. Existing regulation is often complex and has a large impact on insurance companies' decision-making and functioning. The chapters also illustrate the unintended consequences of various forms of regulation. The book concludes with a summary of a survey that has been conducted in collaboration with McKinsey, where insurance executives have been asked about the risks and regulation in the insurance sector. The survey provides guidance for future research on insurance markets.
Download or read book Macroprudential Supervision in Insurance written by J. Monkiewicz and published by Springer. This book was released on 2014-11-04 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: Macroprudential policies, tools and supervision have become important since the last financial crisis. This book addresses general and methodological issues and provides a framework for the analysis of macroprudential policies and supervision in insurance. It focuses on policy related issues and global level aspects of macroprudential in insurance.
Download or read book Insurance Regulation and Supervision in Asia written by Organisation for Economic Co-operation and Development and published by OECD Publishing. This book was released on 1999 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first OECD publication dealing with insurance issues in Asia. It provides a unique overview and analysis on insurance regulation and supervision in Asia.
Download or read book The Future of Insurance Regulation and Supervision written by P. Liedtke and published by Palgrave Macmillan. This book was released on 2011-04-28 with total page 443 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by leading academics, researchers and insurance industry experts, this book offers a diversified perspective on how the regulatory and supervisory framework for the insurance sector will develop over the coming years. It is supported by The Geneva Association , the world-leading insurance think-tank of the private industry.
Download or read book Insurance Regulation and Supervision in Economies in Transition written by Cécile Vignial and published by OECD. This book was released on 1997 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on a conference organised with the Polish Government, which was held in Warsaw on 3-4 April 1997
Download or read book On the Measurement of Solvency of Insurance Companies written by Craig Thorburn and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Solvency-both as an economic requirement in the market and as a regulatory and supervisory tool-is critical to all insurance markets. Current market conditions, coupled with expected institutional changes, will place particular burdens on emerging and developing markets. Institutional solvency, effective risk management within companies, effective supervisory oversight, and the development of market disciplines are all linked. The author proposes that the effective implementation of the emerging regime needs a careful and diligent phased process of capacity-building. The first priorities are identified as a strong supervisor, a basic solvency margin requirement, and the initiation of efforts to gather appropriate data sets. This can be followed by advancing development of more sophisticated solvency regulation, increased use of technical expertise, and increased use of market disciplines as the community and financial markets become more able to exercise such discipline.
Download or read book Issues of Insurance Regulation and Supervision Relevant for Developing Countries written by and published by . This book was released on 1994 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Does Insurance Market Activity Promote Economic Growth written by Marco Arena and published by . This book was released on 2006 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Insurance market activity, both as a financial intermediary and a provider of risk transfer and indemnification, may contribute to economic growth by allowing different risks to be managed more efficiently and by mobilizing domestic savings. During the past decade, there has been faster growth in insurance market activity, particularly in emerging markets given the process of liberalization and financial integration, which raises questions about its impact on economic growth. The author tests whether there is a causal relationship between insurance market activity (life and nonlife insurance) and economic growth. Using the generalized method of moments for dynamic models of panel data for 56 countries and for the 1976-2004 period, he finds robust evidence of a causal relationship between insurance market activity and economic growth. Both life and nonlife insurance have a positive and significant causal effect on economic growth. High-income countries drive the results in the case of life insurance. On the other hand, both high-income and developing countries drive the results in the case of nonlife insurance.
Download or read book E Money Prudential Supervision Oversight and User Protection written by Mr. Marc C Dobler and published by International Monetary Fund. This book was released on 2021-12-14 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This departmental paper discusses the evolving prudential frameworks for nonbank issuers of electronic money. Some jurisdictions take a relatively light-touch approach to regulating electronic money issuers (EMIs). Others have sought to apply more stringent requirements to protect electronic money (e-money) users, as the sector has grown in importance. The paper aims to build on previous IMF staff contributions to the literature and to draw policy conclusions for strengthening e-money regulatory regimes; in particular in jurisdictions where issuers, individually or collectively, have grown to a size to which they are of macro-financial importance (see below). Chapter 2 provides background on the development of e-money, its economic benefits, and potential risks. Chapter 3 discusses prudential supervision of EMIs, followed in Chapter 4 by their oversight from a payments system perspective. Chapter 5 discusses potential additional measures for user protection and contingency arrangements for EMI failure. The last chapter presents policy recommendations for policymakers, especially in those emerging market economies and developing countries wherein EMIs have reached a scale at which they could have a significant economic impact if they were to fail.
Download or read book Policy Issues in Insurance written by and published by OECD Publishing. This book was released on 2001 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication provides an in-depth analysis of the main features of insurance regulation and supervision in OECD countries, as well as of liberalisation and financial convergence.
