3 edition of Oecd Proceedings Insurance Regulation and Supervision in Asia and Latin Am Erica (OECD Proceedings) found in the catalog.
October 2001 by OECD .
Written in English
|The Physical Object|
|Number of Pages||182|
The Institute of Regulation & Risk, North Asia (IRRNA) is a not for profit organization registered in Hong Kong providing a neutral platform - independent of government and big business - to promote greater industry understanding and best practice within the fields of Governance, Risk Management and Compliance (GRC) working within the financial services sector with operations in China, Hong. Google's free service instantly translates words, phrases, and web pages between English and over other languages. All seven U.S. regulatory agencies that GAO contacted reported engaging in a range of international regulatory cooperation activities to fulfill their missions. These activities include the United States and its trading partners developing and using international standards, recognizing each other's regulations as equivalent, and sharing scientific data. This important book proposes that a significant part of the emerging insurance crisis results from inadequate regulation of reinsurance. In a detailed and cogent analysis of what an effective regulatory regime for reinsurance must entail, the author examines such factors as the following.
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As far as Latin America is concerned, it is the first OECD publication dealing with insurance issues in this region. The work constitutes a valuable reference on insurance policy issues for policy makers and experts in the public sector, actors in the private sector and academics both in OECD Member countries and non-Member economies.
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 and in the Dominican Republic inbetween OECD Member countries and partner countries in Latin America to facilitate the co-operation and co-ordination among insurance regulators and supervisors. Insurance Regulation and Supervision in Latin America: A Comparative Assessment The insurance sector is a major component of the world economy.
Insurance regulation and supervision play a key role in promoting and securing efficient insurance markets for the benefit and protection of policy. Insurance regulation and supervision in Asia and Latin America. Paris: OECD, © (OCoLC) Material Type: Internet resource: Document Type: Book, Internet Resource: All Authors / Contributors: Organisation for Economic Co-operation and Development.
ISBN: OCLC Number: Insurance Regulation and Supervision in Asia. 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. Dedicated studies are included on Brunei, Hong Kong China, Indonesia, Laos, Macau, Malaysia, Philippines, Singapore, Sri Lanka.
In principle, in the OECD countries, the supervisory authority is financed by insurers’ contributions. In four countries (Germany, Korea, Mexico, Poland and the United Kingdom), supervision is co-financed by the state and the insurance industry. Only in Spain, the body is financed solely by the Size: KB.
Introduction The Second OECD/IAIS Conference on Insurance Regulation and Supervision in Asia, jointly organised by Bank Negara Malaysia (BNM), the International Association of Insurance Supervisors (IAIS) and the Organisation for Economic Cooperation and Development (OECD), was held in Kuala Lumpur on 17 - 18 January The OECD Conference on Insurance Regulation and Supervision in Asia on February was organised in the framework of the outreach activities of the OECD Insurance Committee and the Centre for Co-operation with Non-Members programme.
First Conference on Pension Regulation and Supervision in OECD and Latin American Countries JulySan Jose, Costa Rica This conference was jointly organised and sponsored by the International Association of Pension Funds Supervisory Organisms (AIOS), the Superintendency of Pensions of Costa Rica (SUPEN) and the OECD, under the aegis of the programme of the Centre.
Insurance Supervision In some jurisdictions gender approaches to insur-ance policy and regulation have resulted in debates related to sex-based discrimination. In the European Union, for instance, it has been ruled as discrimina-tory to take the sex of the insured person into ac-count as a risk factor in pricing private insurance contracts6.
Gathers the proceedings of the Second East-West Conference on Insurance Systems in Economies in Transition held in Warsaw April It mainly comprises guidelines on insurance regulation and supervisio in economies in transition, in-depth studies on mandatory insurance, insurance accounting, and the development of the reinsurance market in economies in transition, as well as a report Author: Organization for Economic Co-operation and Development, OECD.
15 May OECD countries have invited Costa Rica to become a member country of the Organisation. Costa Rican President Carlos Alvarado Quesada (photo) and OECD Secretary-General Angel Gurría will sign an Accession Agreement in the coming days. State regulation and supervision of insurance 27 - 30 C.
Three approaches to insurance regulation and supervision 31 - 43 1. Regulation and supervision in the United Kingdom 32 - 35 2.
Regulation and supervision in Germany 36 - 40 3. Regulation and supervision in 41 - 43 the United States of America D. Monitoring of insurance operations 44 - 'This book is written by leading academics, researchers and insurance industry experts, and deals with the aftermath of the recent financial crisis and the implications that it might have on the future of insurance regulation and supervision.' Efma JournalFormat: Hardcover.
Application paper on Regulation and Supervision supporting Inclusive Insurance Markets Approved on 9 October Page 5 of 35 Increasingly, insurance supervisors in emerging markets and developing economies are aware of the need to seek a healthy balance between regulation, enhancing access to insurance services and protecting policyholders.
1. Introduction. In the framework of recent Asian financial crisis, two international meetings dealing with the financial safety and soundness of insurance companies were held in Singapore on February the IAIS (International Association of Insurance Supervisors) Seminar on Insurance Supervision and the OECD (Organisation for Economic Co-operation and.
The future of insurance regulation and supervision. Liedtke, Patrick M., () What's insurance to a modern economy. Liedtke, Patrick M., () Anatomy of the credit crisis - An insurance reader from The Geneva Association.
Thailand Insurance Regulation: Highlights & Time to Go Ahead. paper in OECD-Asia Findings from the investigation of insurance regulation and supervision show that all governments.
The 7th OECD-IAIS-ASSAL Conference on Insurance Regulation and Supervision in Latin America was held in Lisbon, Portugal on April in cooperation with the local sponsor ISP (Instituto de Seguros de Portugal), ASSAL (Association of Latin American Insurance Supervisors) and IAIS (International Association of Insurance Supervisors).
efforts to improve macro- and microprudential regulation and supervision policy. This will build public confidence and ensure 2continued stability and integrity.
While most DMCs have strengthened insurance supervision, some unaddressed principal challenges relate to supervisory capacity constraints, incomplete legal frameworks. International Organisation for Economic Cooperation and Development (OECD) EU Submissions to OECD on competition matters - - - - - – – – – – – Roundtable on Competitive Neutrality in Competition Enforcement.
XIX Conference on Regulation and Supervision of Insurance “RISKS ANALYSIS AND ASSESSMENT IN THE INSURANCE INDUSTRY” AGENDA J.W. Marriot Hotel, Gran Piantini Room Santo Domingo, Dominican Republic 9 - 10 April, Monday, 9th April - Registration.
Issues Paper on Cyber Risk to the Insurance Sector NTNI Risk-based Global Insurance Capital Standard Application Paper on Regulation & Supervision of Captive Insurers Issues on Conduct of Business in Inclusive Insurance Issues Paper on Conduct of Business Risk and its Management.
The process of meeting a prescribed set of standards or regulations to maintain active accreditation, licensure, or certification status. Compulsory reviews. The examinations of a healthcare facility and its processes and infrastructures as required by state laws and regulations.
The OSFI supervises and regulates all banks and all federally incorporated or registered trust and loan companies, insurance companies, co-operative credit associations, fraternal benefit societies and pension plans with regard to financial solvency, prudential supervision, capital and governance rules, including dynamic capital testing and.
insurance sector grew during 1Q16 as Solvency II was implemented. Initial Impact of Solvency II Regulations and Supervision on Mexico’s Insurance Market The Pillar I framework of the Solvency II-type model, which sets out quantitative requirements, went into effect at the start of in Mexico’s insurance Size: KB.
To promote effective and globally consistent regulation and supervision of the insurance industry in order to develop and maintain fair, safe and stable insurance markets for the benefit and protection of policyholders, and to contribute to global financial stability.
The IAIS is a strategy-focused organisation whereby all initiatives are. Asia Pacific Solvency Regulation Solvency II Solvency II represents one of the most wide-ranging reforms to any existing regulatory regime. The aim of Solvency II is to harmonize insurance regulation across Europe, replacing Solvency I (established in ) as well as local regimes (e.g.
UK ICAS).File Size: 1MB. Proceedings of the National Association of Insurance Commissioners (partially available in the library). A premier research tool, the Proceedings of the NAIC is the official, permanent record of all NAIC action, including model laws and regulations, as well as.
The UK has a world-leading insurance sector which provides a wide range of vital services to the real economy and society. It promotes growth and employment, has proved its mettle in turbulent times and the country can be proud of it.
A necessary precondition to such success is world-class insurance supervision. That is what we aim toAuthor: Sam Woods. The Insurance (Prudential Supervision) Act is administered by the Reserve Bank for the purposes of: The Act applies to all insurers carrying on business in New Zealand (as defined by the Act) and includes: powers under the Act for the Reserve Bank in respect of insurers in.
The 18th Conference of European Insurance Supervisory Services has been held in Prague, Czech Republic on May, organized by the Czech Office of the State Supervision in Insurance and Pension Funds.
The International Association of Insurance Supervisors (IAIS), the Organisation of Economic Cooperation and. The Hedge Fund Law Report is the definitive source of actionable intelligence on hedge fund law and regulation. Each week, the Report brings you incisive analysis of key developments on topics including rulemaking, compliance, case law, regulation, enforcement, taxation, derivatives, marketing, best practices and : Lisa Lilliott.
International Association of Insurance Supervisors (IAIS) Established inthe IAIS is a voluntary membership organization of insurance supervisors and regulators from more than jurisdictions, constituting 97% of the world's insurance premiums.
It is the international standard-setting body responsible for developing and assisting in the. Insurance Regulation: History, Background, and Recent Congressional Oversight Summary Since the current insurance regulatory framework was established by Congress in the McCarran-Ferguson Act ofvarious proposals have been advanced to revise this system.
In the past few years, Members of Congress and various interest groups have put forward ideas including a full-scale federal insurance.
Insurance and services provided by member companies of American International Group, Inc. Coverage may not be available in all jurisdictions from Latin America and Asia, they are working in close collaboration with the face; but, insurance regulation is not the only regulation that needs to.
Application Paper on Regulation and Supervision supporting Inclusive Insurance Markets adopted by the IAIS in October This study surveyed the market for inclusive insurance across the SADC region.
It covers the demand for microinsurance products, the. European-style insurance solvency regulation for all but U.S.-designated systemically important insurers or groups, either at the behest of financial regulators in the E.U.
or international. The Evolving Role of China and India in the Global Financial System. February ; Open Eastern Europe and Latin Am erica. China and India%% East Asia is the average of Indonesia.
Insurance Regulators, Supervisors and Associations F OECD Financial Markets, Insurance and Pensions F OECD Private Health Insurance International Accounting Standards Board Russia – Department of Insurance Supervision or Central Bank of the Russian Federation.
The key objectives of supervision promote the maintenance of efficient, fair, safe and stable insurance markets for the benefit and protection of policyholders. Policyholder protection is, therefore, usually thought of as the primary supervisory objective.
Policyholder protection An insurance company takes on liabilities to its.Insurance Regulations. Search. select. search word. 09 / 19 / Regulation on Supervision of Insurance Business() FILE_pdf FILE_doc; 1.The National Association of Insurance Commissioners ("NAIC") Summer National Meeting, which was held in late August, saw a continuation of the debate over major insurance regulatory reforms.
The first of these reforms involves supervision (regulation) of insurance and non-insurance entities that operate in global insurance groups.