Emerging insurance markets

The process of globalization with the investment and penetration of foreign insurers has strong impact to the emerging insurance markets, including Vietnam. The article concentrates on analysis the effects of investment and penetration of foreign insurers on the Vietnam’s life insurance market.

7p vipatriciawoertz 26-05-2022 15 2   Download

Lecture 13 - Three products: insurance, housing finance, and remittances. In this lecture we take a close look at three products: insurance, housing finance, and remittance transfers. We selected these products because they have strong growth potential and are well enough developed that best practices are emerging and growth is under way.

38p nanhankhuoctai9 23-07-2020 19 2   Download

The collection and pooling functions in the Hungarian health insurance scheme are separate, but there is no complicated mechanism to distribute resources from the collecting agency (the Tax Office) to the main pooling agency (the NHIFA), which is also the sole payer in the system. The NHIFA does not have much discretion over active contracting, however, because purchasing is based on a contract model and the terms of contracts are determined by the National Assembly.

28p nhamnhiqa 01-03-2013 46 2   Download

They say what doesn’t break you makes you stronger. For hedge funds, 2012 was a backbreaking year to put it mildly. Heightened market volatility, stressed global macroeconomic conditions, and underperformance relative to traditional investing vehicles were just a few of the factors that challenged hedge funds in 2012. Add the extra weight of an increasing regulatory burden, and many fund leaders might have been forgiven for packing it in.

8p lenh_hoi_xung 01-03-2013 60 9   Download

Examples of embedded derivatives which are not required to be separated A derivative embedded in an insurance contract is considered to be closely related to the host insurance contract if the embedded derivative and the host insurance contract are so interdependent that an entity cannot measure the embedded derivative separately. In this situation, an entity would not separate the embedded derivative.

259p bin_pham 06-02-2013 71 8   Download

 is report is a collaborative e ort between Cisco, the global leader in Internet architecture, and Global Business Network (GBN), the world’s foremost scenario consultancy. It is o ered as a contribution to ongoing discussions and e orts to harness the huge potential of Internet and IP networks to drive economic and human development around the world.  is is of particular relevance to emerging-market countries where the relatively low level of Internet use today reveals a wide opportunity gap in terms of economic productivity and social inclusion.

52p bin_pham 05-02-2013 40 3   Download

If these conditions were met, it is possible that the postal savings market would shrink drastically or even disappear. But it is also possible that a postal bank can play a beneficial role as an alternative to mandatory insurance for household deposits. This was, in fact, the reasoning that led postal savings to be accepted in the United States in 1910 – a time when the moral hazard problems involved in government insurance schemes were widely recognized, and postal savings was regarded as a less dangerous alternative.

36p bi_ve_sau 17-01-2013 44 2   Download

Economic growth in India has picked up in recent years, and like other integrating Asian economies, it too requires large amounts of efficiently intermediated capital to sustain its development. However, an important constraint to financial reform has been dealing with the vestiges of financial “repression”— deliberate policies that crowd out the private sector from credit markets and limit the ability of financial markets to develop as intermediaries for saving. Years of deficit financing have led to large-scale intervention and state ownership of financial intermediation.

36p enter1cai 16-01-2013 49 3   Download

This paper studies the maturity composition and the term structure of interest rate spreads of government debt in emerging markets. In the data, when interest rate spreads rise, debt maturity shortens and the spread on short-term bonds is higher than on long-term bonds. To account for this pattern, we build a dynamic model of international borrowing with endogenous default and multiple maturities of debt.

0p enter1cai 16-01-2013 50 3   Download

Only loans that meet the definition of a security are in the scope of ASC 320. Although certain loans can be readily converted into securities (e.g., loans insured by the Federal Housing Administration or conforming mortgage loans), a loan is not within the scope of ASC 320 until it has been securitized. The accounting by creditors for impairment of certain loans is addressed by ASC 310-10, and is applicable to all creditors and to all loans except (i) large groups of smaller-balance homogeneous loans that are collectively evaluated for impairment (i.e.

36p bocapchetnguoi 05-12-2012 62 3   Download

Private health insurance has offered a primary source of coverage for population groups ineligible to public programmes, and contributed to provide insurance protection against other public system coverage gaps. It has helped to inject resources into health systems, enabling an expansion in capacity and services. It also enhanced access to timely care in some systems experiencing prolonged public sector waiting times.

40p quaivatxanh 01-12-2012 57 9   Download

Developing countries’ markets depend extensively (technically and financially) on international services. Reasons for this include (among others) structural, financial and technical constraints, including the small size of markets, under-capitalization of insurance companies and insufficient experience and know-how. Usually, insurance industries there also have a shortage of skilled personnel.

446p thangbienthai 27-11-2012 77 16   Download

This paper gives an overview of the global insurance market and emerging trends; the importance of the insurance sector for economic development; the significance and elements of an effective regulatory framework; development issues arising from insurance services liberalization; the importance of insurance as a public good; and the implications of GATS negotiations for the insurance sector and areas of potential export interest for developing countries.

74p thangbienthai 27-11-2012 71 8   Download

This publication consists of six parts. The first part is intended to provide readers with an overview of the insurance sector from the perspective of developing countries. It considers developing country shares in the global insurance market, regulatory and trade liberalization issues that developing countries are faced with as well as suggestions as to how developing countries can identify areas of competence within the insurance services sector.

153p thangbienthai 27-11-2012 59 13   Download

A third area is the role of regulation frameworks. The importance of setting in place efficient regulatory structures as a prerequisite to the efficient operation of the insurance sector and particularly in the context of insurance liberalization and an evolving global insurance sector is essential. Emerging trends in the global insurance market particularly those relating to technology, newer financial products and corporate failures have underscored the value of regulation in the insurance sector.

49p thangbienthai 27-11-2012 61 8   Download

One finds that there is a positive correlation between a country’s level of development and insurance coverage. Developed countries tend to have better developed and well- functioning insurance services sectors both domestically and in terms of insurance exports, as compared to developing countries. This is perhaps most evident when one compares the share of industrialized countries in the world insurance markets, which in 2004 stood at 88.5 per cent as compared with 11.4 per cent for emerging markets, the majority of which are developing countries.

16p thangbienthai 27-11-2012 68 9   Download

Other areas that pose a challenge for developing countries include the potential impact of the operations of insurance companies on the activities of policyholders and the economy as a whole, the impact of emerging trends in the global insurance market, the need to overcome supply-side constraints, the need to raise public awareness about the benefits of insurance coverage, the need to build human capacity and how to take advantage of changes arising from liberalization and globalization within the insurance sector to develop export opportunities.

8p thangbienthai 27-11-2012 67 8   Download

Many social funds were designed to rehabilitate existing infrastruc- ture. Rehabilitation was undoubtedly appropriate when the social funds were in the emergency phase, but it may not always be the service the users want now, because those facilities were originally put in place under a perhaps more centralized and very different service delivery system. Offering technology choices that are too complex or expensive is as much of a problem as offering technology choices that are too sim- plistic or inexpensive to deliver at the level of service people are will- ing to pay for.

8p thangbienthai 23-11-2012 50 10   Download

Multinationals, as most people would know, recognize, admire, fear, and criticize, have been variously characterized for more than three decades. In the 1970s, an American, a British, or a European company that had subsidiaries in two or more countries was called a multinational corporation. In the 1980s, considering the history of foreign investment, a variety of nonmanufacturing companies—such as banks, insurance companies, and trading companies— also came to be recognized as multinational companies....

334p transang3 29-09-2012 99 9   Download