UID:
edoccha_9958081031102883
Format:
1 online resource (15 p.)
ISBN:
1-4623-6965-0
,
1-4527-0114-8
,
1-280-92612-0
,
1-4527-7813-2
,
9786613744319
Series Statement:
IMF Staff Country Reports
Content:
This technical note discusses key findings of the insurance sector stress tests for Switzerland. The results suggest that there are market risks inside some Swiss insurance entities that may need focused attention. In particular, a moderate correction in share and property values, with interest rates ending somewhat lower than the prior cyclical lows, could cause distress to five out of nine life insurers, two of 12 nonlife insurers, and two of nine health insurers that participated in the 2006 Swiss Solvency Test (SST) field tests.
Note:
Description based upon print version of record.
,
Cover; Contents; I. Introduction; II. Stress Test Scenarios and Considerations; A. Scenario Description; B. Market Risk Considerations; Tables; 1. Average Asset Concentration for the Insurance Industry; 2. Lowest Interest Rates in the Last Economic Cycle for Major Currencies; III. Stress Test Results; A. Life Insurance; Figures; 1. Stress Test Results for Life Insurance; B. Non-life Insurance; 2. Stress Test Results for Non-Life Insurance; C. Health Insurance; D. Overall Observations from Stress Test Results; 3. Stress Test Results for Health Insurance
,
IV. Commentary on other Scenarios from the 2006 SST Field Test
,
English
Additional Edition:
ISBN 1-4518-0736-8
Language:
English
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