LEADER 06105oam 22013334 450 001 9910791049303321 005 20230803221257.0 010 $a1-4843-3260-1 010 $a1-4755-2380-7 010 $a1-4843-3262-8 035 $a(CKB)2550000001276657 035 $a(EBL)1676593 035 $a(SSID)ssj0001217739 035 $a(PQKBManifestationID)11781337 035 $a(PQKBTitleCode)TC0001217739 035 $a(PQKBWorkID)11204201 035 $a(PQKB)10478103 035 $a(MiAaPQ)EBC1676593 035 $a(Au-PeEL)EBL1676593 035 $a(CaPaEBR)ebr10861171 035 $a(CaONFJC)MIL598658 035 $a(OCoLC)878263385 035 $a(IMF)1CANEE2014010 035 $a(IMF)1CANEA2014010 035 $a(EXLCZ)992550000001276657 100 $a20020129d2014 uf 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aCanada : $eFinancial Sector Assessment Program-Insurance Core Principles-Detailed Assessment of Observance 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2014. 215 $a1 online resource (148 p.) 225 1 $aIMF Staff Country Reports 300 $aDescription based upon print version of record. 311 $a1-4755-2365-3 311 $a1-306-67407-7 327 $aCover; Contents; Acronyms; 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 Market Structure as at end-2012; 2. Composition of Assets-L&H FRIs (Legal Entities); 3. Composition of Assets-P&C FRIs (Legal Entities); 4. Trend in Technical Provisions-L&H FRIs; 5. Trend in Technical Provisions-P&C FRIs; 6. Gross Premiums by Major Lines of Business in 2012-L&H FRIs; 7. Premiums by Major lines of business in 2012-P&C FRIs 327 $a8. Solvency Position of FRIsD. Preconditions for Effective Insurance Supervision; 9. Summary of Compliance with the ICPs; E. Recommendations and Authorities' Response; 10. Summary of Observance Level; 11. Recommendations to Improve Observance of the ICPs; DETAILED ASSESSMENT; 12. Detailed Assessment of Observance of the ICPs 330 3 $aThis Detailed Assessment report, a part of the 2013 Financial Sector Assessment Program (FSAP) of Canada, assesses Canada?s regulatory regime and supervisory practices against the international standards. The IMF report suggests that the Office of the Superintendent of Financial Institutions (OSFI) should be empowered to take supervisory measures at the level of the holding company. It highlights that while OSFI requires Federally Regulated Insurers (FRI) FRIs to develop internal capital targets, requirements to develop an Own Risk and Solvency Assessment are scheduled to be implemented in 2014. 410 0$aIMF Staff Country Reports; Country Report ;$vNo. 2014/072 606 $aEconomic development$zCanada 606 $aFinance$zDeveloping countries$xEvaluation 606 $aInternational finance$zCanada 606 $aBanks and Banking$2imf 606 $aInsurance$2imf 606 $aPublic Finance$2imf 606 $aIndustries: Financial Services$2imf 606 $aCorporate Governance$2imf 606 $aPension Funds$2imf 606 $aNon-bank Financial Institutions$2imf 606 $aFinancial Instruments$2imf 606 $aInstitutional Investors$2imf 606 $aInsurance Companies$2imf 606 $aActuarial Studies$2imf 606 $aCorporate Finance and Governance: Government Policy and Regulation$2imf 606 $aTaxation, Subsidies, and Revenue: General$2imf 606 $aFinancial Institutions and Services: Government Policy and Regulation$2imf 606 $aFinance$2imf 606 $aInsurance & actuarial studies$2imf 606 $aCorporate governance$2imf 606 $arole & responsibilities of boards & directors$2imf 606 $aPublic finance & taxation$2imf 606 $aFinancial services law & regulation$2imf 606 $aInsurance companies$2imf 606 $aLegal support in revenue administration$2imf 606 $aCapital adequacy requirements$2imf 606 $aFinancial institutions$2imf 606 $aEconomic sectors$2imf 606 $aRevenue administration$2imf 606 $aFinancial regulation and supervision$2imf 606 $aRevenue$2imf 606 $aAsset requirements$2imf 607 $aCanada$2imf 615 0$aEconomic development 615 0$aFinance$xEvaluation. 615 0$aInternational finance 615 7$aBanks and Banking 615 7$aInsurance 615 7$aPublic Finance 615 7$aIndustries: Financial Services 615 7$aCorporate Governance 615 7$aPension Funds 615 7$aNon-bank Financial Institutions 615 7$aFinancial Instruments 615 7$aInstitutional Investors 615 7$aInsurance Companies 615 7$aActuarial Studies 615 7$aCorporate Finance and Governance: Government Policy and Regulation 615 7$aTaxation, Subsidies, and Revenue: General 615 7$aFinancial Institutions and Services: Government Policy and Regulation 615 7$aFinance 615 7$aInsurance & actuarial studies 615 7$aCorporate governance 615 7$arole & responsibilities of boards & directors 615 7$aPublic finance & taxation 615 7$aFinancial services law & regulation 615 7$aInsurance companies 615 7$aLegal support in revenue administration 615 7$aCapital adequacy requirements 615 7$aFinancial institutions 615 7$aEconomic sectors 615 7$aRevenue administration 615 7$aFinancial regulation and supervision 615 7$aRevenue 615 7$aAsset requirements 676 $a338.9 712 02$aInternational Monetary Fund.$bMonetary and Capital Markets Department, 801 0$bDcWaIMF 906 $aBOOK 912 $a9910791049303321 996 $aCanada$9179841 997 $aUNINA