Series: IMF Working Papers
Author(s): Nicolas Blancher , François Haas , John Kiff , Oksana Khadarina , Paul Mills , Parmeshwar Ramlogan , William Lee , Yoon Sook Kim , Todd Groome , and Shinobu Nakagawa
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 October 2006
Keywords: Risk transfer, insurance markets, supervision and regulation, pension, health care, life insurance, General Financial Markets: Government Policy and Regulation, Financial Institutions and Services: General, Financial Institutions and Services: Government Policy and Regulation, Social Security and Public Pensions,
The paper discusses the limits to market-based risk transfer in the financial system and the implications for the management of systemic long-term financial risks. Financial instruments or markets to transfer and b...