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Cover Art
Author Das, Udaibir S.

Title Insurance and Issues in Financial Soundness [electronic resource] / Udaibir S Das.

Published Washington, D.C. : International Monetary Fund, 2003.


Location Call No. Status
Physical description 1 online resource (44 p.)
Series IMF Working Papers; Working Paper ; No. 03/138
IMF Working Papers; Working Paper ; No. 03/138
Summary 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.
Notes Description based on print version record.
Other author Das, Udaibir S.
Davies, Nigel.
Podpiera, Richard.
Subject Financial Institutions and Services: General
Insurance Companies
Insurance Industry
Life Insurance
Life Insurers
ISBN 1451856008 : 15.00 USD
ISSN 1018-5941
Standard Number 10.5089/9781451856002.001