France : Financial Sector Assessment Program—Detailed Assessment of Observance of Insurance Core Principles

Author/Editor:

International Monetary Fund. Monetary and Capital Markets Department

Publication Date:

July 1, 2013

Electronic Access:

Free Full text (PDF file size is 762 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper discusses key findings of the Detailed Assessment of Observance of Insurance Core Principles for France. The assessment reveals that insurance regulation and supervision are still predominantly carried out using a Solvency I approach. The insurance sector remained resilient through the recent global financial crisis. A thorough approach to assessing insurer technical provisions and their coverage by admissible assets has led to financially sound insurers. Individual French insurance companies have not needed any government or industry support.

Series:

Country Report No. 13/181

Subject:

English

Publication Date:

July 1, 2013

ISBN/ISSN:

9781484370575/1934-7685

Stock No:

1FRAEA2013003

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

67

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