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Mexico: Detailed Assessment of Observance of International Association of Insurance Supervisors (IAIS) Insurance Core Principles

International Monetary Fund

No 2012/067, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper presents detailed assessment on the observance of Mexico’s compliance with the International Association of Insurance Supervisor's Insurance core principles. A new insurance law is expected to be submitted to congress in September 2011, precisely at the time of the mission. The long process in preparing this new insurance law and in gaining consensus of different stakeholders will certainly result in an improvement in compliance with the core principles, and those improvements have been referenced in the assessment.

Keywords: ISCR; CR; LISF project; board of directors; risk management; insurance coverage; line of business; compliance officer; Insurance; Insurance companies; Solvency; Legal support in revenue administration; Financial statements; Global (search for similar items in EconPapers)
Pages: 192
Date: 2012-03-30
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