Developing Insurance Markets : Why Risk-Based Capital Reform Works Better than Nominal Capital Increases? (English)

Risk-based approaches including projects to introduce risk-based capital (RBC) have been identified as an imperative to enhance insurance market development. To develop, markets need to change. Innovation is often constrained by both skills and funds, both of which can be in short supply particularly if competitive pressures are delivering unprofitable and unsustainable business performance. This note discusses why risk-based supervision (RBS) and...

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Author

Ghimire,Kumud;

Thorburn,Craig Walton;
Document Date
2020/08/05
Document Type
Working Paper
Report Number
151433
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2020/08/05
Disclosure Status
Disclosed
Doc Name
Developing Insurance Markets : Why Risk-Based Capital Reform Works Better than Nominal Capital Increases?
Keywords
insurance market

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Citation

Ghimire,Kumud; Thorburn,Craig Walton.

Developing Insurance Markets : Why Risk-Based Capital Reform Works Better than Nominal Capital Increases? (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/191201596604449695

Developing Insurance Markets : Why Risk-Based Capital Reform Works Better than Nominal Capital Increases? (English)

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