Third Conference on Insurance Regulation and Supervision in Latin America

The Conference on Insurance Regulation and Supervision in Latin America organised jointly by the ASSAL, the OECD and the IAIS was held in San Pedro Sula, Honduras on 15-16 July 2002. The objective of the conference was to address the broad range of policy issues of direct relevance for the development of effective and efficient insurance regulatory and supervisory framework in the Latin American countries. The discussionfocused on insurance issues which are of crucial importance to the participating countries such as: insurance of systemic risks, consolidated supervision, insurance intermediaries, reinsurance, investment regulation, etc.

Documents are listed below by session. Click on the title to download the pdf file.

Agenda and Summary Record >

• El Riesgo Sistémico en la Actividad Aseguradora, (written in Spanish), Pilar Gonzalez de Frutos, DGSV - Spain
• Enviromental Risks and Insurance, A comparative Analysis of the Role of Insurance in the Management of Enviroment-Related Risks, Power Point Presentation, Alberto Monti, OECD Consultant
• Systemic Risk and the Insurance Industry,Ernst N. Csiszer, Dept. of Insurance, S.C., USA
  

Session II: Consolidated Supervision

• The Convergence of Group Supervision, Dirk Wittevenn, PVK, Netherlands
• Alternative Approaches to Supervision of Financial Services, Stephen Lumpkin, OECD

Session III: Issues Related to Brokers and Agents

Session IV: Issues Related to the Analysis and Evaluation of Policies and Procedures for Reinsurance

• Ajuste Regulatorio, Norma Alicia Rosas (written in Spanish), CNSF, Mexico
• OECD Instruments on Reinsurance, Draft Decision of the Council on the Exchange of Information on Reinsurance,Cécile Vignial, OECD
• Analysis and Evaluation of Policies and Procedures for Reinsurance, Michael Holm, Finanstilsynet, Denmark

Session V: Investment Regulation

• Regulacion de Inversiones (written in Spanish), Christina Rohde, CNSF, Mexico
• "Prudent Person Rule" Standard for the Investment of Pension Fund Assets, Power Point Presentation, Juan Yermo, OECD
• Credit Risk Transfer Through Credit Derivatives and Regulatory Issues, Sue Kean, presented by Makoto Okubo, FSA, UK

Further Documentation Circulated for Information:

• Risk Transfer Mechanisms: Converging Insurance, Credit and Capital Markets, Jens-Verner Andersen, OECD
• Pension Fund Governance, Juan Yermo, OECD
• Supervision of Financial Services in the OECD Area, Stephen Lumpkin, OECD