05655oam 22013094 450 991096000150332120250426110535.09781498364942149836494297814755722541475572255(CKB)2670000000597910(EBL)1969142(SSID)ssj0001551912(PQKBManifestationID)16170627(PQKBTitleCode)TC0001551912(PQKBWorkID)14812647(PQKB)11172132(MiAaPQ)EBC1969142(Au-PeEL)EBL1969142(CaPaEBR)ebr11023448(CaONFJC)MIL732935(OCoLC)904407866(IMF)1DNKEA20140081DNKEA2014008(EXLCZ)99267000000059791020020129d2014 uf 0engurcnu||||||||txtccrDenmark : Detailed Assessment of Observance of the Insurance Core Principles1st ed.Washington, D.C. :International Monetary Fund,2014.1 online resource (130 p.)IMF Staff Country ReportsDescription based upon print version of record.9781498356466 149835646X 9781336016521 1336016523 Cover; CONTENTS; GLOSSARY; EXECUTIVE SUMMARY; ASSESSMENT OF INSURANCE CORE PRINCIPLES; A. Introduction and Scope; B. Information and Methodology Used for Assessment; C. Overview-Institutional and Macroprudential Setting; TABLES; 1. Insurance Penetration and Density in 2012; 2. Size of the Insurance Sector in 2012; 3. Trends in Insurance Market Structure (number of companies); 4. Trend in Technical Provisions; 5. Composition of Assets; 6. Gross Premiums Written by Major Lines of Business; 7. Profitability Indicators; 8. Solvency Ratios (Solvency I) by Major Lines of BusinessD. Preconditions for Effective Insurance Supervision 9. Summary of Compliance with the ICP's; E. Recommendations and Authorities' Response; 10. Summary of Observance Level; 11. Recommendations to Improve Observance of the ICP's; F. Authorities' Responses to the Assessment; DETAILED ASSESSMENT; 12. Detailed Assessment of Observance of the ICP'sThis paper discusses findings of the Detailed Assessment of Observance of the Insurance Core Principles on Denmark. Insurance regulation in Denmark has a good level of compliance with the Insurance Core Principles. A particular strength of the Danish Financial Supervisory Authority’s approach is its close focus on key risks in the sector and its readiness to require action by companies to address vulnerabilities. Regular, even daily monitoring of market risk sensitivities is carried out on life insurers’ balance sheets. In nonlife insurance, regular testing of a number of key performance ratios helps to highlight potential weaknesses and to support early intervention. There is comprehensive oversight of the reinsurance programs of the nonlife companies in particular.IMF Staff Country Reports; Country Report ;No. 2014/350InsuranceState supervisionDenmarkInsurance lawDenmarkFinance: GeneralimfFinancial Risk ManagementimfInsuranceimfPublic FinanceimfIndustries: Financial ServicesimfPension FundsimfNon-bank Financial InstitutionsimfFinancial InstrumentsimfInstitutional InvestorsimfInsurance CompaniesimfActuarial StudiesimfBankruptcyimfLiquidationimfSocial Security and Public PensionsimfFinancial CrisesimfFinanceimfInsurance & actuarial studiesimfPensionsimfEconomic & financial crises & disastersimfInsurance companiesimfSolvencyimfPension spendingimfFinancial crisesimfFinancial institutionsimfFinancial sector policy and analysisimfExpenditureimfDebtimfDenmarkEconomic conditions1945-DenmarkimfInsuranceState supervisionInsurance lawFinance: GeneralFinancial Risk ManagementInsurancePublic FinanceIndustries: Financial ServicesPension FundsNon-bank Financial InstitutionsFinancial InstrumentsInstitutional InvestorsInsurance CompaniesActuarial StudiesBankruptcyLiquidationSocial Security and Public PensionsFinancial CrisesFinanceInsurance & actuarial studiesPensionsEconomic & financial crises & disastersInsurance companiesSolvencyPension spendingFinancial crisesFinancial institutionsFinancial sector policy and analysisExpenditureDebt354.85DcWaIMFBOOK9910960001503321Denmark1181077UNINA