IMF Staff Country Reports

Japan: Insurance Core Principles-Detailed Assessment of Observance

August 10, 2012

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Japan: Insurance Core Principles-Detailed Assessment of Observance, (USA: International Monetary Fund, 2012) accessed September 18, 2024

Summary

This Working Paper is a detailed assessment of Japan’s compliance with the Insurance Core Principles of the International Association of Insurance Supervisors. The paper identifies a reduction in interest rates and equity prices as two factors that influence the structure and functioning of the insurance market and emphasizes the important role played by the Financial Services Agency in supervising and regulating it. As Japan is prone to frequent natural disasters, the insurance sector is of prime importance to its economic and social well-being.

Subject: Financial institutions, Financial sector policy and analysis, Financial services, Financial stability assessment, Insurance, Insurance companies, Solvency

Keywords: Board of directors, CR, Financial stability assessment, Global, Holding company, Insurance, Insurance companies, Insurance company, ISCR, Nonlife insurer, Risk management, Solvency

Publication Details

  • Pages:

    78

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2012/228

  • Stock No:

    1JPNEA2012004

  • ISBN:

    9781475506365

  • ISSN:

    1934-7685