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09.11.2020 | Carolyn Barsulai, Janina Voss | Asia, Caribbean, RBC, Risk based capital, Sub-Saharan Africa, Supervisory Dialogue

Landscape of risk-based capital regimes in emerging markets

Around the world, countries are transitioning their insurance markets to more risk-based capital (RBC) regimes to ensure that insurers have sound financial positions and hold adequate levels of capital. This, in turn, enables the insurance sector to withstand shocks, continue to operate and pay policyholders’ claims. The Global Financial Crisis taught us this lesson; the Covid-19 pandemic is a harsh reminder.
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04.09.2020 | Hannah Grant | A2ii, Covid-19, Inclusive Insurance

A throwback to 2019: old challenges of inclusive insurance remain

This is a reflective time for the A2ii team. Around this time of the year, we gather to look ahead to our next year’s work plan. We discuss supervisory needs, policy developments and innovations around the world. This year, however, discussions have been anything but ordinary. We have been confronted with the challenge of framing the planning for 2021 in light of the global pandemic and considering different playout scenarios.
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24.07.2020 | Mariella Regh | Covid-19, iii-lab

Switching between tabs: the virtual inclusive insurance innovation lab

To overcome the social distance in online workshops is hard, even with the right preconditions, such as engaging content and participants who are mostly well-adjusted to using digital tools. As Covid-19 brought the world to a standstill, we chose to reformat our Inclusive Insurance Innovation Lab (iii-lab) - initially envisaged as an 18-months programme of six in-person workshops – into a fully virtual programme and to make it work.
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16.06.2020 | Carolyn Barsulai | Covid-19, Inclusive Insurance

A2ii Insights: The impact of Covid-19 on the uninsured and vulnerable and implications for supervisors

To flatten the curve of Covid-19 and save lives, countries have widely accepted social distancing, setting off the slowdown of economic activity worldwide. Where remote work is not an option, reduced contact measures mean reduced earnings. For populations of low-and-middle-income countries, the cost of social distancing is proving higher than for those in developed countries.
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27.05.2020 | | Costa Rica, Covid-19

Interview: El impacto del Covid-19 en el sector de los seguros en Costa Rica - una entrevista con Tomás Soley de la SUGESE

Diferentes jurisdicciones y reguladores sectoriales han dispuesto medidas especiales para la atención de esta crisis, aminorar el riesgo sistémico y asegurar la liquidez de los mercados. Este período pasará y debemos asegurar que las medidas temporales no afecten la sostenibilidad del sistema financiero y asegurador en el mediano y largo plazo.
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