Belgium : Detailed Assessment of Observance of Insurance Core Principles

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

May 24, 2013

Electronic Access:

Free Full Text (PDF file size is 997 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The Belgian insurance industry was adversely affected by the global financial crisis and continued to confront challenges related to legacy assets and economic uncertainties in Europe. The Belgian authorities have made significant progress in updating the insurance regulatory regime and supervisory practice. The updated regulatory framework has a high level of observance with the Insurance Core Principles (ICPs), supported by robust prudential supervision. The authorities are advised to review current conduct-of-business (CoB) regulation and supervision to strengthen the protection for policyholders.

Series:

Country Report No. 13/134

Subject:

English

Publication Date:

May 24, 2013

ISBN/ISSN:

9781484384466/1934-7685

Stock No:

1BELEA2013004

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

112

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