04468oam 22011294 450 991016503450332120230809222737.01-4755-7692-71-4755-7695-1(CKB)3710000001064764(MiAaPQ)EBC4807091(IMF)1TUREA2017006(EXLCZ)99371000000106476420020129d2017 uf 0engurcnu||||||||rdacontentrdamediardacarrierTurkey : Financial Sector Assessment Program-Detailed Assessment of Observance of the IAIS Insurance Core PrinciplesWashington, D.C. :International Monetary Fund,2017.1 online resource (82 pages) illustrations, tablesIMF Staff Country Reports1-4755-7691-9 This paper presents an assessment of the observance of IAIS (International Association of Insurance Supervisors) insurance core principles in Turkey. During the last five years, the government of Turkey has made a significant effort to improve regulation and supervision of insurance and to improve adherence to international standards. The efficiency of information reporting, insurer monitoring, and supervision has greatly increased. Solvency tests have been strengthened. Reserving and investment practices have been improved. Improvements have been made in international cooperation and information exchange. However, major regulatory and supervisory challenges remain for Turkey to increase confidence in the sector and benefit from its continued growth.IMF Staff Country Reports; Country Report ;No. 2017/047FinanceTurkeyFinance: GeneralimfInsuranceimfPublic FinanceimfIndustries: Financial ServicesimfBusiness and FinancialimfPension FundsimfNon-bank Financial InstitutionsimfFinancial InstrumentsimfInstitutional InvestorsimfInsurance CompaniesimfActuarial StudiesimfGeneral Financial Markets: Government Policy and RegulationimfTaxation, Subsidies, and Revenue: GeneralimfBankruptcyimfLiquidationimfFinanceimfInsurance & actuarial studiesimfFinancial services law & regulationimfPublic finance & taxationimfInsurance companiesimfInsurance supervisionimfInternal controlsimfSolvencyimfFinancial institutionsimfFinancial regulation and supervisionimfRevenue administrationimfFinancial sector policy and analysisimfNonbank financial institutionsimfLaw and legislationimfRevenueimfDebtimfTurkeyimfFinanceFinance: GeneralInsurancePublic FinanceIndustries: Financial ServicesBusiness and FinancialPension FundsNon-bank Financial InstitutionsFinancial InstrumentsInstitutional InvestorsInsurance CompaniesActuarial StudiesGeneral Financial Markets: Government Policy and RegulationTaxation, Subsidies, and Revenue: GeneralBankruptcyLiquidationFinanceInsurance & actuarial studiesFinancial services law & regulationPublic finance & taxationInsurance companiesInsurance supervisionInternal controlsSolvencyFinancial institutionsFinancial regulation and supervisionRevenue administrationFinancial sector policy and analysisNonbank financial institutionsLaw and legislationRevenueDebt338.9561DcWaIMFBOOK9910165034503321Turkey1178165UNINA