Analytical tools for the insurance market and macro-prudential surveillance

Abstract

This article provides an overview of the analytical tools used by insurance regulators and supervisors for the purposes of market and macro-prudential surveillance. It is largely based on responses from 24 OECD and non-OECD countries to a questionnaire on the use and relative importance of a set of common indicators and analytical tools that provide information on the soundness, performance and competitiveness of the insurance market. The article therefore provides a point of reference on the use of analytical tools for market surveillance and is intended to inform the further development of the OECD Global Insurance Statistics framework.

Determination and Verification of the Key Assessment Indicators for the Insurance Market by Applying the Decomposition Multi-attribute Methods and Regression Analysis

“…The research into the analytic tools used was carried out by Kwon and Wolfrom (2016). In particular, they examined analytic tools used by regulators and supervisors of insurance markets.…”

“…Few individuals and entities can effectively protect their property ownership and other economic rights without relying on insurance. Insurance companies are also significant institutional investors playing a significant role in providing financing to the real economy through investments in bonds, stocks and other assets (Kwon and Wolfrom, 2016).…”

Assessing the Financial Stability of Insurance Companies by Analyzing the Dynamics of Cash Flows

“…Комплексный мониторинг сфер и результатов деятель-ности возможен посредством анализа состояния денежных потоков, оцениваемых с помощью финансовых показателей. В частности, в международной практике при оценке страховых компаний применяется система показателей CARAMELS [1]. Применение CARAMELS позволят достаточно точно оценить устойчивость страховой компании, однако требует на постоянной основе адаптации методологии мониторинга с учетом конкретной национальной специфики.…”

“…Оценка финансовой устойчивости страховых компаний должна осуществляться путем анализа финансовых показателей, а также показателей, характеризующих структуру страхового портфеля. Мониторинг финансовой устойчивости страховых компаний в России проводится в соответствии с Законом Российской Федерации «Об организации страхового дела в Российской Федерации» 1 . Мониторинг устойчивости страховых компаний рассматривается как инструмент надзорных мер, применяемых Банком России.…”

Analysis the Influences of Prudential Sharia and Life Protection towards the Customer Welfare: Sharia Prudential Insurance in South Sulawesi

“…In addition, it has reached 254.000 customers. In 2016, there are 2.400.000 customers with the total asset of IDR 64, 2 trillion, increased 13%*, with the insurance premium income is IDR 26, 5 trillion, increased 8%*, and the claim payment is IDR 9,9 trillion, increased 14* (including sharia) [7], [8].…”