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

October 5, 2017

Preview Citation

Format: Chicago

Sweden: Financial Sector Assessment Program-Technical Note-Insurance Sector Regulation and Supervision, (USA: International Monetary Fund, 2017) accessed December 22, 2024

Summary

This Technical Note discusses the findings and recommendations in the Financial Sector Assessment Program (FSAP) for Sweden in the areas of insurance sector regulation and supervision. The regulatory and supervisory framework has been enhanced since the 2011 FSAP. The Finansinspektionen (Financial Supervisory Authority, FI) is the principal regulatory body, with responsibility for prudential regulation, consumer protection, and macroprudential regulation. Some measures are recommended to strengthen solvency regulation further. Solvency II should be applied in full to occupational pensions insurance, unless the government decides to create a separate national regime for occupational pensions, as exists in many other countries.

Subject: Expenditure, Financial institutions, Financial sector policy and analysis, Insurance, Insurance companies, Labor, Pension spending, Pensions, Solvency

Keywords: Baltics, CR, EU insurance regulation, FI, FI priority, Firm, FI's insurance work, Global, Guarantee scheme, II framework, Insurance, Insurance companies, Insurance supervisor, ISCR, Life company, Life insurer, Line of business, Motor insurance, Pension spending, Plan firm, Risk assessment, Solvency, Solvency II

Publication Details

Pages:

37
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2017/307
Stock No:

1SWEEA2017003
ISBN:

9781484322420
ISSN:

1934-7685

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