Denmark:Financial Sector Assessment Program-Technical Note-Insurance Regulation and Supervision

Financial Sector Assessment Program-Technical Note-Insurance Regulation and Supervision
READ MORE...
Volume/Issue: Volume 2020 Issue 252
Publication date: August 2020
ISBN: 9781513553023
$18.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
paperback else
pdf else
epub else
English
Prices in red indicate formats that are not yet available but are forthcoming.
Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Finance , Public Finance , Business and Financial , ISCR , CR , risk assessment , business intelligence tool , insurance undertaking , DFSA plan , DFSA data , DFSA staff , DFSA supervision , insurance sector , insurance supervisor , covered bond , Insurance companies , Insurance , Solvency , Pension spending , Insurance supervision , Global

Also of interest
Summary

Denmark’s insurance sector is highly developed with a particularly high penetration and density in the life sector. Traditionally, work-related life insurance and pension savings are offered as a combined package, and life insurance companies dominate the market for mandatory pension schemes for employees. The high penetration explains the overall size of the insurance sector, which exceeds those of peers from other Nordic countries and various other EU member states. Assets managed by the insurance industry amounted to 146 percent of the GDP at end-2018, compared to 72 percent for the EU average.