Cyprus : Financial Sector Assessment Program Update; Technical Note; Insurance Regulation and Supervision.

This paper examines the Insurance Regulation and Supervision for Cyprus's Financial Sector Assessment Program. The domestic nonlife market is dominated by motor insurance which accounted for 58 percent of net premiums. All Cypriot business is reinsured with nondomiciled reinsurers. Health insur...

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Співавтор: International Monetary Fund
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2009.
Серія:IMF Staff Country Reports; Country Report ; No. 2009/170
Онлайн доступ:Full text available on IMF
Опис
Резюме:This paper examines the Insurance Regulation and Supervision for Cyprus's Financial Sector Assessment Program. The domestic nonlife market is dominated by motor insurance which accounted for 58 percent of net premiums. All Cypriot business is reinsured with nondomiciled reinsurers. Health insurance is regulated as nonlife business when written as add-ons to accident and sickness or as life business when written with life policies. A number of professional bodies and self-regulatory industry associations complement the regulatory regime for the insurance industry.
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Фізичний опис:1 online resource (28 pages)
Формат:Mode of access: Internet
ISSN:1934-7685
Доступ:Electronic access restricted to authorized BRAC University faculty, staff and students