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9781137439093: Macroprudential Supervision in Insurance: Theoretical and Practical Aspects

Sinopsis

Macroprudential policies, tools and supervision have become the most important regulatory and supervisory innovation across the globe in recent years. This very relevant topic, which became important after the last financial crisis, is the subject matter of numerous studies and policy papers. Most contributions to the field however are banking-oriented and rarely address other segments of the financial sector. It seems only natural therefore that a more balanced approach is required.

Macroprudential Supervision in Insurance fills this existing vacuum and advances our understanding of macroprudential oversight in insurance. The book is split into three parts. The first part addresses general and methodological issues and provides a framework for the analysis of macroprudential policies and supervision in the insurance context. The second part focuses on policy related issues: balance between macro and micro, the macroprudential supervisory toolkit, GSII related aspects and the institutional dimension of macroprudential supervision. The third part focuses on global level aspects of macroprudential in insurance, making this an ideal resource for the supervisory community, the insurance industry and anyone interested in insurance regulation.

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Acerca del autor

Marek Belka, National Bank of Poland, Poland Philippe Brahin, Swiss Re Corporation, Switzerland Martin Eling, University of St. Gallen, Switzerland Aerdt Houben, De Nederlandsche Bank (DNB), the Netherlands Krzysztof Jajuga, Wroclaw University of Economics, Poland Nadege Jassaud , International Monetary Fund (IMF), France Donato Masciandaro, Bocconi University, Italy Andrew Mawdsley, EIOPA, UK Marek Monkiewicz, Warsaw University, Poland Marcelo Ramella, Bermuda Monetary Authority, Bermuda Paul Sharma, Alvarez & Marsal, UK Piotr Jacek Szpunar, National Bank of Poland, Poland Hanne van Voorden, De Nederlandsche Bank (DNB), the Netherlands Alessio Volpicella, Baffi Centre on International Markets, Money and Regulation, Itlay Rodolfo Wehrhahn, Wehrhahn&Wehrhahn Consulting LLC, USA

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