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This database and book provide major official insurance statistics for all OECD countries including data on premiums collected, claims, commissions by type of insurance, investments by type of investment, and numbers of companies and employees.
The insurance industry is a major component of the economy by virtue of the amount of premiums it collects, the scale of its investment and, more fundamentally, the essential social and economic role it plays by covering personal and business risks. This database gathers major official insurance statistics for all OECD countries as well as Singapore.
The Code of Liberalisation of Capital Movements and the Code of Liberalisation of Current Invisible Operations constitute legally binding rules, stipulating progressive, non-discriminatory liberalisation of capital movements, the right of establishment and current invisible transactions (mostly services). All non-conforming measures must be listed in country reservations against the Codes.
In-depth analysis from the OECD addresses the financial market dimension of sovereign debt challenges to assist policy makers in designing, adopting, and implementing appropriate policies.
Revised in 2011, these Guidelines reflect lessons learned from the financial crisis, including the need for a board with necessary leadership, expertise, and independent decision-making, effective risk management and internal control systems and integrated firm-wide reporting within an insurer, sound compensation arrangements, and well-understood group structures.
English, PDF, 499kb
This publication presents the full text of the Code of Liberalisation of Current Invisible Operations under which adhering countries have accepted legally binding obligations.
Paris, 5 December 2012: This conference addressed the evolution of the terrorism threat and whether current insurance solutions adequately answer the needs of market players in an ever changing risk context.
OECD work on financial sector guarantees has intensified since the 2008 global financial crisis as most policy responses for achieving and maintaining financial stability have consisted of providing new or extended guarantees for the liabilities of financial institutions.
The OECD collects and analyses data on various insurance statistics such as the number of insurance companies and employees, insurance premiums and investments by insurance companies.
This methodological framework is intended to help governments develop more effective disaster risk management strategies, particularly financial strategies, building on strengthened risk assessment and risk financing.