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9-11 May 2007 – Rio de Janeiro, Brazil
Since 1999, Conferences on Insurance Regulation and Supervision in Latin America are organized on a yearly basis by the OECD together with the Association of Latin American Insurance Supervisors (ASSAL) and the International Association of Insurance Supervisors (IAIS). They convene high-level representatives from Latin American insurance supervisory and regulatory authorities and insurance private decision makers in Latin America as well as officials, private sector representatives, NGOs and academics from OECD countries and other emerging economies.
The main purpose of these annual symposiums is to strengthen co-operation and policy dialogue with respect to insurance issues among policy makers in Latin America and with the international community –including the OECD. Besides, through the sharing of relevant international experiences, good practices and expertise, these conferences are aimed at assisting and guiding Latin American policy makers to better address particularly challenging risk or topical insurance issues in their countries with a view to develop sound, efficient and open insurance markets in Latin America within appropriate regulatory and supervisory frameworks.
Against this backdrop, this year conference will concentrate on topics at the core of OECD and in particular its Insurance and Private Pensions Committee’s work in the insurance area, namely the financial management of large-scale disasters (session 1) and the strengthening of risk awareness and education on insurance issues (session 2). The former issue is largely dealt with in the context of the OECD international network on the financial management of large-scale disasters established in 2006. The latter session will be an occasion to disseminate and assess one of the latest outcomes of the comprehensive OECD project on Financial Education (www.oecd.org/daf/financialeducation), the OECD Good Practices for Enhanced Awareness and Education on Insurance Issues – which will be soon available on the OECD website for public consultation. The conference will also deal with the connected issue of appropriate information disclosure on financial and insurance products (session 3). A last panel will focus on one of the ways to promote the development of the life insurance products namely taxation (session 4).
Documentation:
Panel 1: Financial Management of Large-Scale Catastrophes
Panel 2: Risk Awareness and Education on Insurance issues: panel discussion on OECD good practices
Panel 4: Life Insurance product taxation. Implications for the development of the markets
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