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United Kingdom: Financial Sector Assessment Program-Detailed Assessment of Observance of Insurance Core Principles Issued by the International Association of Insurance Supervisors
Author:
International Monetary Fund. Monetary and Capital Markets Department
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2022: Issue 109
Language:
English
Publication Date:
08 Apr 2022
DOI:
https://doi.org/10.5089/9798400206825.002
ISBN:
9798400206825
ISSN:
1934-7685
Pages:
169
Keywords:
solvency ASSESSMENT; ASSESSMENT of observance; ASSESSMENT of insurance core principle; staff team of the International Monetary Fund; insurance solvency coverage; solvency requirement; Insurance companies; Insurance; Solvency; Global
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The regulatory framework for insurance supervision in the United Kingdom is sophisticated and the authorities are leaders in supervisory techniques. Observance with the Insurance Core Principles (ICPs) is very high compared to peers with 17 ICPs observed and only 6 out of 24 ICPs determined to be largely observed and 1 partly observed.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund