1.

Record Nr.

UNINA9910458737803321

Autore

Jobst Andreas

Titolo

Macroprudential solvency stress testing of the insurance sector / / Andreas Jobst, Nobuyasu Sugimoto and Timo Broszeit

Pubbl/distr/stampa

[Washington, District of Columbia] : , : International Monetary Fund, , 2014

©2014

ISBN

1-4983-0677-2

1-4983-2455-X

1-4983-9425-6

Descrizione fisica

1 online resource (85 p.)

Collana

IMF Working Paper ; ; WP/14/133

Disciplina

368.0076

Soggetti

Insurance

Insurance - Evaluation

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di contenuto

Cover; Contents; Glossary; I. Introduction; Figures; 1. Overview of IMF FSAP's and Completion of Insurance Stress Tests; 2. Number of Completed Insurance Stress Tests in FSAP's Before and After the Global Financial Crisis; II. Overview and Framework; A. Macroprudential Stress Testing for Insurance; B. Differences between Banks and Insurance Companies and Their Implications for Stress Testing; 3. Stylized Insurance Balance Sheet and Solvency Control Levels; Boxes; 1. General Macro-Financial and Systemic Risk Implications for Insurance; III. Process and Methodologies; 4. Stress Testing Process

2. The Taxonomy of Stress Testing Approaches A. Object of Analysis; B. Determination of Scope; C. Methodological Framework and Data Quality; D. Valuation and Capital Resources; 5a. Overview of Solvency Regimes-Risk Measurement; 5b. Overview of Solvency Regimes-Valuation Standards; E. Scenario Design and Other Assumptions; 6. Elements of Risk Assessment and Scope of FSAP Stress Testing; 3. Recessionary Scenarios in the Insurance Sector; 4. Assessing the Impact of Low Interest Rates on Insurance Activities; F. Risk Factors and



Aggregation Approaches; 5. Liquidity Risk in Insurance

8. National and IMF Stress Testing for Non-life (Re) insurance-A Case Study of Bermuda