01788cas a2200241 a 4500 AALejournalIMF014158 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484375730 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Monetary and Capital Markets Department. Austria : Publication of Financial Sector Assessment Program Documentation-Technical Note on Insurance Sector. Washington, D.C. : International Monetary Fund, 2014. 1 online resource (17 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Technical Note provides an update on the Austrian insurance industry and an analysis of its regulatory and supervisory regime. The structure of the domestic insurance sector has remained largely stable since the last update. At Q3-2012 there were 50 insurance companies with assets of Euro 108 billion, making up nearly 40 percent of GDP. Although insurance portfolios are largely concentrated in high-quality bonds, they have significant exposure to European banks. Most insurance companies in Austria appear well capitalized under the Solvency I regime. The industry remains profitable though margins have come under some pressure recently. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2014/014 Full text available on IMF http://elibrary.imf.org/view/journals/002/2014/014/002.2014.issue-014-en.xml IMF e-Library