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Italy: Financial Sector Assessment Program: Detailed Assessment of Observance of the Insurance Core Principles

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  • International Monetary Fund

Abstract

This paper discusses a Detailed Assessment of the Observance of the Insurance Core Principles for Italy. The assessment reveals that insurance supervision in Italy occurs within a legal framework that incorporates the relevant European Union Directives. More than two-thirds of the principles have been assessed as being observed or largely observed. Furthermore, the authorities in Italy are actively pursuing a number of legislative and supervisory initiatives that hold the potential to materially improve the level of observance in the near future.

Suggested Citation

  • International Monetary Fund, 2006. "Italy: Financial Sector Assessment Program: Detailed Assessment of Observance of the Insurance Core Principles," IMF Staff Country Reports 2006/082, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2006/082
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