Brazil : Detailed Assessment of Observance of Insurance Core Principles of the International Association of Insurance Supervisors
ISBN: 9781475598360
Platform/Publisher: Ebook Central / International Monetary Fund
Digital rights: Users: Unlimited; Printing: Limited; Download: 7 Days at a Time
Subjects: Business/ Management; Economics;

This report is a full assessment of Brazil's compliance with the Insurance Core Principles (ICPs) of the International Association of Insurance Supervisors (IAIS) as adopted in October 2011. In the last few years, the Brazilian insurance industry experienced an explosive growth doubling the premium between 2005 and 2010. Investments by the insurance sector are conservative and short term, and primarily comprised of fixed income instruments. Profitability levels of the insurance sector have been consistent and the solvency ratio of the insurance industry has been strong. Other financial indicators of the insurance sector also suggest resilience.


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