Insurance and Issues in Financial Soundness
Insurance and Issues in Financial Soundness

Author: Nigel Davies

Publisher: International Monetary Fund

Published: 2003-07-01

Total Pages: 45

ISBN-13: 1451856008

DOWNLOAD EBOOK

This paper explores insurance as a source of financial system vulnerability. It provides a brief overview of the insurance industry and reviews the risks it faces, as well as several recent failures of insurance companies that had systemic implications. Assimilation of banking-type activities by life insurers appears to be the key systemic vulnerability. Building on this experience and the experience gained under the FSAP, the paper proposes key indicators that should be compiled and used for surveillance of financial soundness of insurance companies and the insurance sector as a whole.

Macroprudential Solvency Stress Testing of the Insurance Sector
Macroprudential Solvency Stress Testing of the Insurance Sector

Author: Mr.Andreas A. Jobst

Publisher: International Monetary Fund

Published: 2014-07-22

Total Pages: 84

ISBN-13: 149832455X

DOWNLOAD EBOOK

Over the last decade, stress testing has become a central aspect of the Fund’s bilateral and multilateral surveillance work. Recently, more emphasis has also been placed on the role of insurance for financial stability analysis. This paper reviews the current state of system-wide solvency stress tests for insurance based on a comparative review of national practices and the experiences from Fund’s FSAP program with the aim of providing practical guidelines for the coherent and consistent implementation of such exercises. The paper also offers recommendations on improving the current insurance stress testing approaches and presentation of results.

Financial Soundness Indicators
Financial Soundness Indicators

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 2006-04-04

Total Pages: 302

ISBN-13: 1589063856

DOWNLOAD EBOOK

Financial Soundness Indicators (FSIs) are measures that indicate the current financial health and soundness of a country's financial institutions, and their corporate and household counterparts. FSIs include both aggregated individual institution data and indicators that are representative of the markets in which the financial institutions operate. FSIs are calculated and disseminated for the purpose of supporting macroprudential analysis--the assessment and surveillance of the strengths and vulnerabilities of financial systems--with a view to strengthening financial stability and limiting the likelihood of financial crises. Financial Soundness Indicators: Compilation Guide is intended to give guidance on the concepts, sources, and compilation and dissemination techniques underlying FSIs; to encourage the use and cross-country comparison of these data; and, thereby, to support national and international surveillance of financial systems.

Global Financial Stability Report, April 2016
Global Financial Stability Report, April 2016

Author: International Monetary Fund. Monetary and Capital Markets Department

Publisher: International Monetary Fund

Published: 2016-04-11

Total Pages: 135

ISBN-13: 1498363288

DOWNLOAD EBOOK

The current Global Financial Stability Report (April 2016) finds that global financial stability risks have risen since the last report in October 2015. The new report finds that the outlook has deteriorated in advanced economies because of heightened uncertainty and setbacks to growth and confidence, while declines in oil and commodity prices and slower growth have kept risks elevated in emerging markets. These developments have tightened financial conditions, reduced risk appetite, raised credit risks, and stymied balance sheet repair. A broad-based policy response is needed to secure financial stability. Advanced economies must deal with crisis legacy issues, emerging markets need to bolster their resilience to global headwinds, and the resilience of market liquidity should be enhanced. The report also examines financial spillovers from emerging market economies and finds that they have risen substantially. This implies that when assessing macro-financial conditions, policymakers may need to increasingly take into account economic developments in emerging market economies. Finally, the report assesses changes in the systemic importance of insurers, finding that across advanced economies the contribution of life insurers to systemic risk has increased in recent years. The results suggest that supervisors and regulators should take a more macroprudential approach to the sector.

Maintaining Financial Stability in Times of Risk and Uncertainty
Maintaining Financial Stability in Times of Risk and Uncertainty

Author: Behl, Abhishek

Publisher: IGI Global

Published: 2018-12-04

Total Pages: 400

ISBN-13: 1522572090

DOWNLOAD EBOOK

Risks and uncertainties?market, financial, operational, social, humanitarian, environmental, and institutional?are the inherent realities of the modern world. Stock market crashes, demonetization of currency, and climate change constitute just a few examples that can adversely impact financial institutions across the globe. To mitigate these risks and avoid a financial crisis, a better understanding of how the economy responds to uncertainties is needed. Maintaining Financial Stability in Times of Risk and Uncertainty is an essential reference source that discusses how risks and uncertainties affect the financial stability and security of individuals and institutions, as well as probable solutions to mitigate risk and achieve financial resilience under uncertainty. Featuring research on topics such as financial fraud, insurance ombudsman, and Knightian uncertainty, this book is developed for researchers, academicians, policymakers, students, and scholars.

The Economics, Regulation, and Systemic Risk of Insurance Markets
The Economics, Regulation, and Systemic Risk of Insurance Markets

Author: Felix Hufeld

Publisher: Oxford University Press

Published: 2017

Total Pages: 247

ISBN-13: 0198788819

DOWNLOAD EBOOK

The 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.

OECD Sovereign Borrowing Outlook 2021
OECD Sovereign Borrowing Outlook 2021

Author: OECD

Publisher: OECD Publishing

Published: 2021-05-20

Total Pages: 94

ISBN-13: 9264852395

DOWNLOAD EBOOK

This edition of the OECD Sovereign Borrowing Outlook reviews developments in response to the COVID-19 pandemic for government borrowing needs, funding conditions and funding strategies in the OECD area.

Global Financial Stability Report
Global Financial Stability Report

Author: International Monetary Fund Staff

Publisher: International Monetary Fund

Published: 2008-04-08

Total Pages: 210

ISBN-13: 145197941X

DOWNLOAD EBOOK

The events of the past six months have demonstrated the fragility of the global financial system and raised fundamental questions about the effectiveness of the response by private and public sector institutions. the report assesses the vulnerabilities that the system is facing and offers tentative conclusions and policy lessons. the report reflects information available up to March 21, 2008.

Crisis and Response
Crisis and Response

Author: Federal Deposit Insurance Corporation

Publisher:

Published: 2018-03-06

Total Pages:

ISBN-13: 9780966180817

DOWNLOAD EBOOK

Crisis and Response: An FDIC History, 2008¿2013 reviews the experience of the FDIC during a period in which the agency was confronted with two interconnected and overlapping crises¿first, the financial crisis in 2008 and 2009, and second, a banking crisis that began in 2008 and continued until 2013. The history examines the FDIC¿s response, contributes to an understanding of what occurred, and shares lessons from the agency¿s experience.

Insurance and Issues in Financial Soundness
Insurance and Issues in Financial Soundness

Author: Udaibir Das

Publisher:

Published: 2006

Total Pages: 44

ISBN-13:

DOWNLOAD EBOOK

This paper explores insurance as a source of financial system vulnerability. It provides a brief overview of the insurance industry and reviews the risks it faces, as well as several recent failures of insurance companies that had systemic implications. Assimilation of banking-type activities by life insurers appears to be the key systemic vulnerability. Building on this experience and the experience gained under the FSAP, the paper proposes key indicators that should be compiled and used for surveillance of financial soundness of insurance companies and the insurance sector as a whole.