South Africa.
This paper discusses key findings of the Detailed Assessment of Observance on the Insurance Core Principles on South Africa. Insurance regulatory and supervisory regime in South Africa is in transition. Currently, the Financial Services Board (FSB-SA) regulates the nonbanking financial services indu...
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Full text (MCPHS users only) |
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| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington :
International Monetary Fund,
2015
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| Series: | IMF Staff Country Reports.
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| Subjects: | |
| Local Note: | ProQuest Ebook Central |
Table of Contents:
- Cover; CONTENTS; GLOSSARY; A; B; C; D; E; F; I; J; K; M; N; O; P; R; S; T; U; V; W; EXECUTIVE SUMMARY; ASSESSMENT OF INSURANCE CORE PRINCIPLES; A. Introduction and Scope; B. Information and Methodology Used for Assessment; C. Overview-Institutional and Macroprudential Setting; TABLES; 1. Insurance Market-Licensed Insurers; 2. Main Activities of Insurance Groups; 3. Composition of Assets-Long-term (Life); 4. Trend in Technical Provisions-Long-term; 5. Solvency: Assets Available Over Required; 6. Free Assets to Capital Adequacy Requirement; 7. Performance Indicators for Short-term Insurers.
- D. Preconditions for Effective Insurance SupervisionE. Recommendations and Authorities' Response; 8. Summary of Compliance with the ICPs; 9. Summary of Observance Level; 10. Recommendations to Improve Observance of the ICPs; DETAILED ASSESSMENT; 11. Detailed Assessment of Observance of the ICPs; APPENDIX; I. Status of Implementation of 2010 FSAP Recommendations.
