Malta : Financial Sector Assessment Program-Technical Note-Insurance and Securities Sector Supervision

Author/Editor:

International Monetary Fund. Monetary and Capital Markets Department

Publication Date:

November 21, 2019

Electronic Access:

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Summary:

The insurance sector in Malta is relatively large and sophisticated. The sector has grown significantly since Malta’s accession to the European Union (EU) in 2004, and its total assets amounted to €11.9 billion (105 percent of gross domestic product (GDP)) at end-2017. Its sophisticated structure is evidenced by the presence of four professional reinsurers, eight captive insurers, 14 protected cell companies (PCC), and one reinsurance special purpose vehicle (SPV). The life insurance and reinsurance industries are highly concentrated.

Series:

Country Report No. 19/348

Subject:

English

Publication Date:

November 21, 2019

ISBN/ISSN:

9781513520896/1934-7685

Stock No:

1MLTEA2019007

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

52

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