1 “... and domestically, rising unemployment, and declining residential real estate prices. Vulnerabilities lie...”

2 “... loan portfolio also presents vulnerabilities that lie in exposure to foreign exchange risk. Tax...”

3 “... that lie within its areas of responsibility...”

4 “...The Dutch insurance sector is undergoing further consolidation, the life sector has been steadily...”

5 “... in the non-life (re)insurance sector and in unit-linked life insurance. Sector assets equaled EUR 289bn...”

6 “... insurers continue to command a majority of the market and life insurance predominates, with about 75...”

7

8 “... international business. The life sector is dominated by two players, responsible for 54 percent of the business...”

9 “... in the life sector. Traditionally, work-related life insurance and pension savings are offered as a combined...”

10 “...This paper focuses on risk transfer and discusses the insurance sector, particularly life insurers...”

11 “... by supervisors. The stress tests (under Solvency II) confirm that life insurers are vulnerable to severe shocks...”

12 “... institutions, insurance companies (both Life, and Non-life), securities intermediaries, asset management firms...”

13 “... and onsite inspections. Strengths lie in sophisticated offsite monitoring capabilities and an extensive...”

14 “... and supervision. Despite the negative impact of the low interest rate environment, the life insurance industry...”

15 “... and profitability of life insurance companies. Nonlife insurers would see a small decline in solvency ratios...”

16 “... sector is characterized by high penetration and density in both the life and the non-life sector, which...”

17 “... the risk assessment for banks was conducted. Korea’s life and non-life insurance sector is large, highly...”

18 “.... This technical note focuses mainly on recent developments in the sector and key vulnerabilities, including life...”

19 “... to provide certification for adequacy of technical provisions by an actuary as is currently required for life...”

20 “... that incorporates U.K. banking and life insurance sectors. The assessment of financial system resilience should...”