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How to Align Microprudential and Macroprudential Supervision in Insurance

In: Macroprudential Supervision in Insurance

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  • Rodolfo Wehrhahn

Abstract

Financial stability has moved to the centre of governments’ attention after the following the devastating and costly effects of the 2008 financial crisis, which threatened the collapse of the global financial sector. A fast-paced reaction lead, by the G-20, addressed the failure of regulation and supervision to prevent or reduce the impact of the crisis and has dictated the work of governments, regulators, standard-setters and global institutions, such as the IMF for the last few years. One area of intensive development has been in the macroprudential surveillance of the financial sector.1

Suggested Citation

  • Rodolfo Wehrhahn, 2014. "How to Align Microprudential and Macroprudential Supervision in Insurance," Palgrave Macmillan Books, in: Jan Monkiewicz & Marian Małecki (ed.), Macroprudential Supervision in Insurance, chapter 7, pages 153-159, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-43910-9_8
    DOI: 10.1057/9781137439109_8
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