Insurance Regulation and Supervision in Latin America
Subtitle: A Comparative Assessment
By: Organisation for Economic Co-operation and Development
Publisher: OECD Publishing
Published: 2004
Place of publication: Paris
Language: eng
Format: [electronic resource]:
Number of pages: 124
ISBN-13: 9789264104464
Subjects: Finance and Investment
Description: This publication provides a comparative study of insurance regulation and supervision in nineteen Latin American countries.  It also includes materials prepared for two policy dialogue meetings, in Honduras in 2002 and in the Dominican Republic in 2003, between OECD Member countries and partner countries in Latin America to facilitate the co-operation and co-ordination among insurance regulators and supervisors. This publication is a reference tool for experts and policy makers, working in the insurance field.
Table of contents: title: I. Organisational Structure of Insurance Regulatory and Supervisory Authority; title: 1. Scope of Supervision; title: 2. Coordination among Supervisory Authorities; title: 3. Financing Methods; title: II. Licensing; title: -1. Licensing Requirements; title: 2. Licensing Procedure; title: 3. Market Access; title: III. Corporate Governance and Internal Controls; title: 1. Corporate Governance; title: 2. Licensing Procedure; title: 3. Market Access; title: IV. Solvency Supervision and Prudential Rules; title: -1. Insurance Accounting Principles; title: 2. Solvency Requirements; title: 3. Technical Provisions; title: 4. Investment Regulation; title: 5. Derivatives and Off-Balance Sheet Items; title: 6. Reinsurance; title: 7. Supervision on Policy Conditions and Premium Rates; title: 8. Claims Data Collection on a Broader Basis; title: 9. Actuary; title: 10. Auditor; title: V. Reporting and On-Site Inspection; title: VI. Insurance Companies in Financial Difficulties; title: -1. Reference to Solvency Margin; title: 2. Possible Measures; title: 3. Portfolio Transfer; title: 4. Policyholders' Protection Fund; title: 5. Liquidation Procedure; title: 6. Cases of Insurance Companies in Financial Difficulties for 1999-2000; title: VII. Other Issues; title: 1. Insurance of Systemic Risks; title: 2. Compulsory Insurance; title: 3. Insurance Distribution; title: 4. Tax Incentives for Life Insurance Products; title: 5. Insurance Industry Associations; title: Annex