United Kingdom: Financial Sector Assessment Program-Detailed Assessment of Observance of Insurance Core Principles Issued by the International Association of Insurance Supervisors

April 8, 2022

Summary

The regulatory framework for insurance supervision in the United Kingdom is sophisticated and the authorities are leaders in supervisory techniques. Observance with the Insurance Core Principles (ICPs) is very high compared to peers with 17 ICPs observed and only 6 out of 24 ICPs determined to be largely observed and 1 partly observed.

Subject: Financial institutions, Financial regulation and supervision, Financial sector policy and analysis, Financial services, Insurance, Insurance companies, International organization, Monetary policy, Solvency

Keywords: ASSESSMENT of insurance core principle, ASSESSMENT of observance, Global, Insurance, Insurance companies, insurance solvency coverage, Solvency, solvency ASSESSMENT, solvency requirement, staff team of the International Monetary Fund

Pages:
169
Volume:
2022
DOI:
https://doi.org/10.5089/9798400206825.002
Issue:
109
Series:
Country Report No. 2022/109
Stock No:
1GBREA2022010
ISBN:
9798400206825
ISSN:
1934-7685

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