Cover IMF Staff Country Reports
Switzerland: Financial Sector Assessment Program: Technical Note: An Assessment of Insurance Core Principles for the Reinsurance Industry
Author: International Monetary Fund
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2007: Issue 200
Language:
English
Publication Date:
13 Jun 2007
DOI:
https://doi.org/10.5089/9781451807356.002
ISBN:
9781451807356
ISSN:
1934-7685
Pages:
30
Keywords:
ISCR; CR; conglomerate supervision; FOPI official; FOPI staff; supervisory authority; risk management; FOPI's power; corporate governance; insurance group; Insurance companies; Insurance; Corporate governance; Solvency; Insurance supervision; Global
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This technical note discusses key findings of the assessment of Insurance Core Principles (ICP) for the reinsurance industry for Switzerland. It reveals that the Swiss reinsurance market is dominated by three large players with a strong international presence. The reinsurance industry comprises 20 professional reinsurers and 50 reinsurance captives with gross premiums written totaling SwF 37.4 billion for 2005. Swiss Re, European Re, and Converium have consistently maintained more than 75 percent market share. More than 95 percent of reinsurance premiums came from foreign business.
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund

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