Czech Republic : Pilot Assessment of Governance of the Insurance Sector
This assessment of the governance of the Czech insurance sector has three objectives: (1) develop a set of best practice benchmarks for assessing the governance of insurance sectors in the Europe and Central Asia Region and elsewhere, (2) conduct a...
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| Format: | Policy Note |
| Language: | English en_US |
| Published: |
Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2006/03/16426773/czech-republic-pilot-assessment-governance-insurance-sector http://hdl.handle.net/10986/12795 |
| Summary: | This assessment of the governance of the
Czech insurance sector has three objectives: (1) develop a
set of best practice benchmarks for assessing the governance
of insurance sectors in the Europe and Central Asia Region
and elsewhere, (2) conduct a trial assessment of the Czech
insurance governance framework against these benchmarks, and
(3) provide recommendations on ways of further improving the
corporate governance of the Czech insurance sector. The
benchmarks and the assessment are found in Annex I and a
list of recommendations is presented in Annex II. As this is
a pilot assessment, the final report should be seen as no
more than a work-in-progress. Nevertheless, it is expected
that it will play a useful role in contributing to
guidelines for strong corporate governance of insurers in
both developed and emerging markets. It could also lay the
basis for further governance-based reforms of the Czech
insurance sector and provide a baseline assessment for
measurement of the reforms. |
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