Description |
1 online resource (78 pages) : color illustrations |
Series |
IMF country report ; no. 12/228 |
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IMF country report ; no. 12/288.
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Contents |
Cover; Contents; Glossary; I. Assessment of Insurance Core Principles; A. Introduction and Scope; B. Executive Summary; C. Institutional and Market Structure-Overview; D. Market Structure; Tables; 1. Financial Assets of the Financial System, end-2010; 2. Selected Indicators of Ten Largest Insurance Markets, 2010; 3. Numbers of Life Insurers and Nonlife Insurers, FY 2004-2010; 4. Market Share of Top Insurers as Percentages of Premiums; 5. Numbers and Types of Insurers; 6. Life Insurance Sector Asset Allocations; 7. Nonlife Insurance Sector Asset Allocations; 8. Premium Evolution FY2001-2010 |
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9. Direct Net Premiums for Nonlife Lines of BusinessFigures; 1. Life Insurance New Business During FY2010; E. Preconditions; 10. Estimated Loss from the Great East Japan Earthquake; F. Main Findings; 11. Overview of Past Bankruptcy Procedures; 2. Profit of Life Insurance Sector, FY2010; 3. Negative Spread Between Assumed Interest Rate and Investment Return; 12. Solvency Margins of Life Insurers; 13. Deterioration of Combined Ratio for Nonlife Insurance; 4. Profit of the Nonlife Insurance Sector, FY2010; 14. Liquidity Position of Nonlife Insurers |
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15. Sufficiency of the Technical Reserves of Nonlife Insurers, end-FY201116. Risk Ratio Development for Nonlife Insurers; 17. Solvency Margins of Nonlife Insurers; 18. Summary of Observance of the Insurance Core Principles; G. Recommendations and the Authorities' Responses; 19. Recommendations to Improve Observance of ICPs; II. Detailed Assessment; 20. Detailed Assessment of Observance of the Insurance Core Principles |
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 |
Notes |
Title from PDF title page (IMF Web site, viewed Aug. 13, 2012) |
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"Financial sector assessment program." |
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"International Monetary Fund, Monetary and Capital Markets Department." |
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"August 2012." |
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English |
Subject |
International Monetary Fund -- Japan
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International Association of Insurance Supervisors -- Rules and practice
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International Association of Insurance Supervisors |
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International Monetary Fund |
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Insurance -- Japan -- Evaluation
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Insurance -- State supervision -- Japan -- Evaluation
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BUSINESS & ECONOMICS -- Economics -- General.
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BUSINESS & ECONOMICS -- Reference.
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Insurance -- State supervision -- Evaluation
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Finance.
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Business & Economics.
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Insurance.
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Japan
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Genre/Form |
Rules
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Form |
Electronic book
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Author |
International Monetary Fund. Monetary and Capital Markets Department.
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ISBN |
147559173X |
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9781475591736 |
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9781475506365 |
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1475506368 |
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9781475595017 |
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1475595018 |
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