Russia Box 2: Financial Literacy Survey in Russia Source: World Bank, Russian Federation: Diagnostic Review of Consumer Protection in Financial Services, 2009 Of the consumers who do not save, nine percent gave the reason as “lack of trust in financial institutions.” Only 11 percent of households have insurance policies, whereas 21 percent of consumers consider…

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India IRDA – Insurance Regulatory and Development Authority – irdai.gov.in/ insuranceinstituteofindia.com/insuranceinstituteofindia.com/documents/10156/4877353c-4bd1-4bc9-bfc1-140acaebce8d 1993 – AP – When AAA Means B: The State of Credit Rating In India, by V. Raghunathan and Jayanth R. Varma – 28p 2008 08 – IRDA – Lapsation in Life Insurance – 52p 2012 – AP – Understanding the Advice of Commissions-Motivated Agents: Evidence…

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Korea KB Life Insurance Co., Ltd. and Prudential Life Insurance,

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Pakistan 2011 – AP – Bluffing in Insurance Sales: A Pakistani Perspective. by Hina Butt.  Master’s Thesis in Applied Ethics, Linköpings Universitet – 45p 2014 – World Bank – Islamic Republic of Pakistan – Diagnostic Review of Consumer Protection and Financial Literacy – Volume II – Comparison with Good Practices – 166p

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Israel 1991 – AFIR – Implications for Life Insurance in Israel of the Break from an Index-Linked Economy – 25p

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Singapore 4.37 The application of the SV floor to liabilities also results in a non-economic valuation framework. The asset liability management mismatching issue above does not incentivise insurers to invest long-term particularly when interest rates are high, in order to avoid a large duration mismatch charge. 4.38 MAS introduced the SV floor within the reserving…

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Sweden 2008 – AP – The Making of the Swedish Life Insurance Market 1855-1914, Liselotte Eriksson – 96p

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United States Congress NAIC (National Association of Insurance Commissioners) States

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