Developing Insurance Markets : Use of Financial Health and Stability Indicators in Insurance Supervision
Insurance is an important part of the financial sector. It supports broader economic and general well‐being in developed economies in a way that is so entrenched and accepted that it is not widely recognized. In less developed markets, insurance ca...
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2020
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| Online Access: | http://documents.worldbank.org/curated/en/298031600662222680/Developing-Insurance-Markets-Use-of-Financial-Health-and-Stability-Indicators-in-Insurance-Supervision http://hdl.handle.net/10986/34570 |
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okr-10986-345702021-05-25T09:52:35Z Developing Insurance Markets : Use of Financial Health and Stability Indicators in Insurance Supervision Hafeman, Michael INSURANCE INDICATORS INSURANCE SUPERVISION FINANCIAL HEALTH REINSURANCE LIQUIDITY ASSETS FINANCIAL MANAGEMENT FINANCIAL REGULATION INSURANCE CORE PRINCIPLES INTERNATIONAL FINANCIAL REPORTING STANDARDS Insurance is an important part of the financial sector. It supports broader economic and general well‐being in developed economies in a way that is so entrenched and accepted that it is not widely recognized. In less developed markets, insurance can remain nascent for many years and then pick up through a dynamic development phase and reach a more mature phase. As will be expected, many actors contribute to this development. This report is part of a larger effort to understand the key drivers of development in insurance sectors in a range of jurisdictions especially including the role of policy and project interventions. This report contributes to two of the identified imperatives for development in particular. Development has been found to be supported by more effective policy leadership, which needs adequate and effective metrics, and by a better implemented risk‐based rather than rules-based approach to supervision. 2020-10-05T19:32:52Z 2020-10-05T19:32:52Z 2020-03 Report http://documents.worldbank.org/curated/en/298031600662222680/Developing-Insurance-Markets-Use-of-Financial-Health-and-Stability-Indicators-in-Insurance-Supervision http://hdl.handle.net/10986/34570 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Financial Sector Study |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
INSURANCE INDICATORS INSURANCE SUPERVISION FINANCIAL HEALTH REINSURANCE LIQUIDITY ASSETS FINANCIAL MANAGEMENT FINANCIAL REGULATION INSURANCE CORE PRINCIPLES INTERNATIONAL FINANCIAL REPORTING STANDARDS |
| spellingShingle |
INSURANCE INDICATORS INSURANCE SUPERVISION FINANCIAL HEALTH REINSURANCE LIQUIDITY ASSETS FINANCIAL MANAGEMENT FINANCIAL REGULATION INSURANCE CORE PRINCIPLES INTERNATIONAL FINANCIAL REPORTING STANDARDS Hafeman, Michael Developing Insurance Markets : Use of Financial Health and Stability Indicators in Insurance Supervision |
| description |
Insurance is an important part of the
financial sector. It supports broader economic and general
well‐being in developed economies in a way that is so
entrenched and accepted that it is not widely recognized. In
less developed markets, insurance can remain nascent for
many years and then pick up through a dynamic development
phase and reach a more mature phase. As will be expected,
many actors contribute to this development. This report is
part of a larger effort to understand the key drivers of
development in insurance sectors in a range of jurisdictions
especially including the role of policy and project
interventions. This report contributes to two of the
identified imperatives for development in particular.
Development has been found to be supported by more effective
policy leadership, which needs adequate and effective
metrics, and by a better implemented risk‐based rather than
rules-based approach to supervision. |
| format |
Report |
| author |
Hafeman, Michael |
| author_facet |
Hafeman, Michael |
| author_sort |
Hafeman, Michael |
| title |
Developing Insurance Markets : Use of Financial Health and Stability Indicators in Insurance Supervision |
| title_short |
Developing Insurance Markets : Use of Financial Health and Stability Indicators in Insurance Supervision |
| title_full |
Developing Insurance Markets : Use of Financial Health and Stability Indicators in Insurance Supervision |
| title_fullStr |
Developing Insurance Markets : Use of Financial Health and Stability Indicators in Insurance Supervision |
| title_full_unstemmed |
Developing Insurance Markets : Use of Financial Health and Stability Indicators in Insurance Supervision |
| title_sort |
developing insurance markets : use of financial health and stability indicators in insurance supervision |
| publisher |
World Bank, Washington, DC |
| publishDate |
2020 |
| url |
http://documents.worldbank.org/curated/en/298031600662222680/Developing-Insurance-Markets-Use-of-Financial-Health-and-Stability-Indicators-in-Insurance-Supervision http://hdl.handle.net/10986/34570 |
| _version_ |
1764481189298569216 |