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Informationen zum Autor Marek Belka, National Bank of Poland, PolandPhilippe Brahin, Swiss Re Corporation, SwitzerlandMartin Eling, University of St. Gallen, SwitzerlandAerdt Houben, De Nederlandsche Bank (DNB), the Netherlands Krzysztof Jajuga, Wroclaw University of Economics, PolandNadege Jassaud , International Monetary Fund (IMF), FranceDonato Masciandaro, Bocconi University, ItalyAndrew Mawdsley, EIOPA, UKMarek Monkiewicz, Warsaw University, PolandMarcelo Ramella, Bermuda Monetary Authority, BermudaPaul Sharma, Alvarez & Marsal, UKPiotr Jacek Szpunar, National Bank of Poland, PolandHanne van Voorden, De Nederlandsche Bank (DNB), the NetherlandsAlessio Volpicella, Baffi Centre on International Markets, Money and Regulation, ItlayRodolfo Wehrhahn, Wehrhahn&Wehrhahn Consulting LLC, USA Klappentext Macroprudential policies, tools and supervision have become the most important regulatory and supervisory innovation across the globe in recent years. This very relevant topic, which became important after the last financial crisis, is the subject matter of numerous studies and policy papers. Most contributions to the field however are banking-oriented and rarely address other segments of the financial sector. It seems only natural therefore that a more balanced approach is required.Macroprudential Supervision in Insurance fills this existing vacuum and advances our understanding of macroprudential oversight in insurance. The book is split into three parts. The first part addresses general and methodological issues and provides a framework for the analysis of macroprudential policies and supervision in the insurance context. The second part focuses on policy related issues: balance between macro and micro, the macroprudential supervisory toolkit, GSII related aspects and the institutional dimension of macroprudential supervision. The third part focuses on global level aspects of macroprudential in insurance, making this an ideal resource for the supervisory community, the insurance industry and anyone interested in insurance regulation. Zusammenfassung Macroprudential policies! tools and supervision have become important since the last financial crisis. This book addresses general and methodological issues and provides a framework for the analysis of macroprudential policies and supervision in insurance. It focuses on policy related issues and global level aspects of macroprudential in insurance. Inhaltsverzeichnis Preface; Marek Belka Introduction: Macroprudential Supervision in Insurance: Setting the Scene; Jan Monkiewicz PART I: GENERAL ISSUES 1. Dynamics of the Safety Net in Insurance: Trends and Challenges; Marek Monkiewicz 2. Systemic Risk and the Insurance Industry: Principal Linkages and Dependencies; Martin Eling and David Pankoke 3. Insuring the Financial System Against Insurers: A Macroprudential Framework; Hanne van Voorden and Aerdt Houben 4. Insurance and Macroprudential Regulation: Conceptual Issues; Marcello Ramella and Sebastian von Dahlen PART II: POLICY RELATED ISSUES 5. Macroprudential Policy: Rationale and Challenges; Piotr Szpunar 6. Systemic Risk and Financial Stability in Insurance: Macroprudential Policy Concerns; Krzysztof Jajuga 7. How to Align Microprudential and Macroprudential Supervision in Insurance; Rodolfo Wehrhahn 8. Macroprudential Policies: What Toolkit for the Insurance Sector?; Rodolfo Wehrhahn and Nadege Jassaud 9. Central Banking, Macroprudential Supervision and Insurance; Donato Masciandaro and Alessio Volpicella 10. Architecture of Macroprudential Supervision in the EU: Regional Model; Andrew Mawdsley PART III: GLOBAL ISSUES 11. GSIIs and the Framework for Macro-Prudential Supervision: Strengthening GSIIs and Reducing the Systemic Risks they Pose; Paul Sharma 12. The Growing Confusion between Group Supervision and Macroprudential Surveillance in Insurance; Philippe Brahin 13. Global Macroprudential Set Up in Insurance: ...
