Developing Insurance Markets : Use of Financial Health and Stability Indicators in Insurance Supervision

Hafeman, Michael

World Bank, Washington, DC

关键词: INSURANCE;    INDICATORS;    INSURANCE SUPERVISION;    FINANCIAL HEALTH;    REINSURANCE;   

RP-ID  :  153103

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Insurance is an important part of thefinancial sector. It supports broader economic and generalwell‐being in developed economies in a way that is soentrenched and accepted that it is not widely recognized. Inless developed markets, insurance can remain nascent formany years and then pick up through a dynamic developmentphase and reach a more mature phase. As will be expected,many actors contribute to this development. This report ispart of a larger effort to understand the key drivers ofdevelopment in insurance sectors in a range of jurisdictionsespecially including the role of policy and projectinterventions. This report contributes to two of theidentified imperatives for development in particular.Development has been found to be supported by more effectivepolicy leadership, which needs adequate and effectivemetrics, and by a better implemented risk‐based rather thanrules-based approach to supervision.