How to Align Microprudential and Macroprudential Supervision in Insurance

Rodolfo Wehrhahn

Chapter 7 in Macroprudential Supervision in Insurance, 2014, pp 153-159 from Palgrave Macmillan

Abstract: Abstract Financial stability has moved to the centre of governments’ attention after the following the devastating and costly effects of the 2008 financial crisis, which threatened the collapse of the global financial sector. A fast-paced reaction lead, by the G-20, addressed the failure of regulation and supervision to prevent or reduce the impact of the crisis and has dictated the work of governments, regulators, standard-setters and global institutions, such as the IMF for the last few years. One area of intensive development has been in the macroprudential surveillance of the financial sector.1

Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-43910-9_8

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DOI: 10.1057/9781137439109_8

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