Insurance regulatory measures in response to Covid-19
Author: Financial Stability Institute - Bank for International Settlements (FSI)
Tags: Financial Stability Institute - Bank for International Settlements (FSI)
This note provides a non-exhaustive summary of regulatory measures that insurance authorities have taken to achieve four objectives: (i) preserve capital adequacy of insurers; (ii) mitigate excessive procyclical investment behaviour by insurers; (iii) provide temporary relief from nonessential regulatory and supervisory requirements; and (iv) preserve the continuity of insurance coverage.