IMF Staff Country Reports

Mexico: Detailed Assessment of Observance of International Association of Insurance Supervisors (IAIS) Insurance Core Principles

March 30, 2012

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Mexico: Detailed Assessment of Observance of International Association of Insurance Supervisors (IAIS) Insurance Core Principles, (USA: International Monetary Fund, 2012) accessed November 24, 2024

Summary

This paper presents detailed assessment on the observance of Mexico’s compliance with the International Association of Insurance Supervisor's Insurance core principles. A new insurance law is expected to be submitted to congress in September 2011, precisely at the time of the mission. The long process in preparing this new insurance law and in gaining consensus of different stakeholders will certainly result in an improvement in compliance with the core principles, and those improvements have been referenced in the assessment.

Subject: Financial institutions, Financial sector policy and analysis, Financial statements, Insurance, Insurance companies, Legal support in revenue administration, Public financial management (PFM), Revenue administration, Solvency

Keywords: Board of directors, Compliance officer, CR, Financial statements, Global, Insurance, Insurance companies, Insurance coverage, ISCR, Legal support in revenue administration, Line of business, LISF project, Risk management, Solvency

Publication Details

  • Pages:

    192

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2012/067

  • Stock No:

    1MEXEA2012003

  • ISBN:

    9781475502770

  • ISSN:

    1934-7685