Macroprudential Supervision in Insurance Theoretical and Practical Aspects [Hardcover]

Macroprudential policies, tools and supervision have become important since the last financial crisis. This book addresses general and methodological issues and provides a framework for the analysis of macroprudential policies and supervision in insurance. It focuses on policy related issues and global level aspects of macroprudential in insurance.Preface; Marek Belka Introduction: Macroprudential Supervision in Insurance: Setting the Scene; Jan Monkiewicz PART I: GENERAL ISSUES 1. Dynamics of the Safety Net in Insurance: Trends and Challenges; Marek Monkiewicz 2. Systemic Risk and the Insurance Industry: Principal Linkages and Dependencies; Martin Eling and David Pankoke 3. Insuring the Financial System Against Insurers: A Macroprudential Framework; Hanne van Voorden and Aerdt Houben 4. Insurance and Macroprudential Regulation: Conceptual Issues; Marcello Ramella and Sebastian von Dahlen PART II: POLICY RELATED ISSUES 5. Macroprudential Policy: Rationale and Challenges; Piotr Szpunar 6. Systemic Risk and Financial Stability in Insurance: Macroprudential Policy Concerns; Krzysztof Jajuga 7. How to Align Microprudential and Macroprudential Supervision in Insurance; Rodolfo Wehrhahn 8. Macroprudential Policies: What Toolkit for the Insurance Sector?; Rodolfo Wehrhahn and Nadege Jassaud 9. Central Banking, Macroprudential Supervision and Insurance; Donato Masciandaro and Alessio Volpicella 10. Architecture of Macroprudential Supervision in the EU: Regional Model; Andrew Mawdsley PART III: GLOBAL ISSUES 11. GSIIs and the Framework for Macro-Prudential Supervision: Strengthening GSIIs and Reducing the Systemic Risks they Pose; Paul Sharma 12. The Growing Confusion between Group Supervision and Macroprudential Surveillance in Insurance; Philippe Brahin 13. Global Macroprudential Set Up in Insurance: Who is in Charge?; Sebastian von Dahlen and Marcelo Ramella 14. Misuse of Macroprudential Regulations for Protectionist PlÃ%