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150128 ||| eng |
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|a 9781589069794
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245 |
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|a Australia
|b Insurance Core Principles—Detailed Assessment of Observance
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2012
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300 |
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|a 137 pages
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651 |
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4 |
|a Australia
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653 |
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|a Insurance companies
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653 |
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|a Institutional Investors
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653 |
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|a Asset requirements
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653 |
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|a Pension Funds
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653 |
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|a Capital adequacy requirements
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653 |
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|a Finance
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653 |
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|a Industries: Financial Services
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653 |
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|a Financial sector policy and analysis
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653 |
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|a Financial institutions
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653 |
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|a Bankruptcy
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653 |
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|a Financial services
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653 |
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|a Financial Instruments
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653 |
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|a Debt
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653 |
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|a Financial Institutions and Services: Government Policy and Regulation
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653 |
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|a Non-bank Financial Institutions
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653 |
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|a Solvency
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653 |
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|a Banks and Banking
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653 |
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|a Liquidation
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653 |
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|a Financial services industry
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653 |
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|a Financial regulation and supervision
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653 |
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|a Actuarial Studies
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653 |
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|a Financial services law & regulation
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653 |
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|a Finance: General
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653 |
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|a Insurance Companies
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653 |
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|a Insurance
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653 |
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|a Insurance & actuarial studies
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|a International Monetary Fund
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|a eng
|2 ISO 639-2
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|b IMF
|a International Monetary Fund
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|a IMF Staff Country Reports
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028 |
5 |
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|a 10.5089/9781589069794.002
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856 |
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|u https://elibrary.imf.org/view/journals/002/2012/312/002.2012.issue-312-en.xml?cid=40114-com-dsp-marc
|x Verlag
|3 Volltext
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|a 330
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|a The insurance industry in Australia has weathered the global financial crisis well and was resilient to the catastrophic events in 2010/11. The insurance industry is mature but relatively small compared to the banking sector. Assets held by insurers represented only about 8 percent of the financial system total assets as at end-2011. Since 2007, the insurance market has been consolidating steadily as the total number of players fell from 190 to 172 although branches of foreign-owned general insurers rose from 36 to 43. The industry was comprised of 24 life insurers, 108 general insurers, 19 reinsurers, 7 captive general insurers and 14 friendly societies as at end-June 2011
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