Macroprudential Supervision in Insurance: Theoretical and Practical Aspects

Front Matter....Pages i-xxv
Introduction....Pages 1-17
Front Matter....Pages 19-19
The Dynamics of the Safety Net in Insurance: Trends and Challenges....Pages 21-37
Systemic Risk and the Insurance Industry: Principal Linkages and Dependencies....Pages 38-65
Insuring the Financial System against Insurers: A Macroprudential Framework....Pages 66-84
Insurance and Macroprudential Regulation: Conceptual Issues....Pages 85-100
Front Matter....Pages 101-101
Macroprudential Policy: Rationale and Challenges....Pages 103-135
Systemic Risk and Financial Stability in Insurance: Macroprudential Policy Concerns....Pages 136-152
How to Align Microprudential and Macroprudential Supervision in Insurance....Pages 153-159
Macroprudential Policies: What Toolkit for the Insurance Sector?....Pages 160-166
Central Banking, Macroprudential Supervision and Insurance....Pages 167-208
The Architecture of Macroprudential Supervision in the EU Regional Model....Pages 209-229
Front Matter....Pages 231-231
GSIIs and the Framework for Macroprudential Supervision: Strengthening GSIIs and Reducing the Systemic Risks They Pose....Pages 233-249
The Growing Confusion between Group Supervision and Macroprudential Surveillance in Insurance....Pages 250-263
The Global Macroprudential Set-Up in Insurance: Who Is in Charge?....Pages 264-279
The Misuse of Macroprudential Regulations for Protectionist Purposes: A Real Danger?....Pages 280-297
Back Matter....Pages 299-302