01851cas a2200241 a 4500 AALejournalIMF018159 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484335154 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Monetary and Capital Markets Department. People's Republic of China : Financial Sector Assessment Program- Detailed Assessment of Observance of the Insurance Core Principles. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (98 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 paper presents an assessment of the level of observance of the Insurance Core Principles (ICPs) in China. Overall, the Chinese regulatory system is assessed to have a good level of compliance with the ICPs. The regulatory framework includes, in addition to the solvency standards, extensive requirements on corporate governance, risk management and internal controls as well as on reinsurance, disclosure and conduct of business. All these requirements are applied appropriately to the significant number of large insurance groups, which together account for the bulk of premium income. However, there is scope for further development of crisis preparedness and market conduct work. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2017/402 Full text available on IMF http://elibrary.imf.org/view/journals/002/2017/402/002.2017.issue-402-en.xml IMF e-Library