Insurance providers in developing regions rarely offer the hazard insurance familiar to industrialized countries. Developing countries are particularly exposed to weather and catastrophic (CAT) risks such...
Development of a robust insurance sector is highly important for Bangladesh sustainable economic growth, social inclusion and protection of people and businesses from potential risks and losses. Devastating...
A well-developed efficient insurance sector plays an important role in any economy. This role is supported by effective regulation and supervision with the aim of having a sound insurance sector that is...
Georgia has been conducting health reform designed to improve coverage, quality, and financial protection. It faces the challenge of providing greater financial protection to its citizens: Georgia’s out-of-pocket...
The insurance market is in a mid-development phase, albeit that usual comparative indicators are at levels attributable more to compulsory than voluntary insurances. Insurance premiums totaled COP 30.5...
The CelsiusPro (CP) and Risk Frontiers’ (RF) joint project team combines a strong understanding of catastrophe risk and designing financial products. The project team is supporting the World Bank and the...
Insurance capital rules come in a range of forms. Although then can appear very different, they can also be thought of as a series along a continuum between more and less risk sensitive approaches. As...
The aim of this report is to provide an assessment of the insurance legislation in Bhutan, taking into account Insurance Core Principles (ICPs) published by the International Association of Insurance Supervisors...
This assessment of insurance regulation in Indonesia was carried out as part of the 2016-17 Financial Sector Assessment Program (FSAP). The Indonesian insurance sector is still vulnerable to a number of...
The objective of the Catastrophe Risk Insurance Project for Honduras and Nicaragua is to enable the access of Honduras and Nicaragua to efficient sovereign risk insurance associated with tropical cyclones...
This brief talks about drought index project in Benin. This project started in Benin in 2012. Awareness-raising sessions were held by the GEA for clients of FECECAM. Despite huge interest for the product...
The purpose of this questionnaire is to gain an understanding of the financial reporting requirements for insurance companies in a jurisdiction in addition to or instead of the requirements for commercial...
This assessment reviews the regulatory and supervisory developments in the insurance sector of Moldova. The current assessment is benchmarked against the insurance core principles (ICPs) issued by the...
This report is an assessment of Korea's compliance with International Association of Insurance Supervisors' Insurance Core Principles (ICPs), as adopted in October 2011. The review was carried out as part...
The World Bank has been assisting the Government of Colombia (GoC) since 2012 in the preparation and implementation of an integrated Disaster Risk Financing and Insurance (DRFI) strategy. One component...
This assessment of India's compliance with the International Association of Insurance Supervisors (IAIS) Insurance Core Principles (ICP) was carried out as part of the 2011 Financial Sector Assessment...
This assessment provides an update on the significant regulatory and supervisory development in the Nigerian insurance sector since 2001. Nigeria undertook an initial Financial Sector Assessment Program...
This is a full assessment of the insurance regulatory and supervisory system in Mexico, to ascertain its compliance with the IAIS core principles, as a part of the Financial Sector Assessment Program (FSAP)...