Agricultural Insurance: a matter of mutual cooperation

Slides:



Advertisements
Similar presentations
1 Strategic Requirements for Next Stage Financial Sector Reforms in Armenia By Michael Borish May 29, 2005.
Advertisements

The international comparison of the SME statistics of the CEECs Availability of data Comparability of data Impact on SME indicators More careful use of.
Supervisory framework for assessing conduct and culture in the financial sector Femke de Vries De Nederlandsche Bank June 17th, 2014.
ICP 20 Public Disclosure Yoshihiro Kawai IAIS-ASSAL Conference 22 April 2014.
Beijing, China October 19, 2007 Taking Action for the World’s Poor and Hungry People Scaling up Micro-finance: Initiatives by the Private Sector The Case.
1 UNCTAD Virtual Institute Training Course on Commodities Geneva, 15 February 2010 Rouben Indjikian, Chief, CPIOS Special Unit on Commodities, UNCTAD Fundamentals,
RESPONSIBLE BUSINESS MATTERS Sustainable Development, Inclusive Growth and the OECD Guidelines for Multinational Enterprises CSR Summit 2014 April 15,
Jan Marc Berk Director Statistics & Information De Nederlandsche Bank December 14, 2009 Statistics and the crisis: what can be learned?
Chapter 11: The Euro and Financial Markets
Presentation of the workshop results to the plenary session A) Strengthening rural entrepreneurship by connecting the local production with other economic.
Role of Deposit Insurance in Bank Resolution Framework – Lessons from the Financial Crisis Session III – Lessons from Financial Crisis for Bank Resolution:
The future of financial supervisors Prof. Arnold Schilder De Nederlandsche Bank Nauta Dutilh Seminar Noordwijk, 14 October
1 ASEAN Economic Integration and Inclusive Growth 12 November 2014 By Arjun Goswami Director, Office of Regional Economic Integration.
Private Pensions in the Netherlands Dirk Witteveen Chairman of the Dutch Pensions and Insurance Supervisory Authority IAIS Annual Conference Santiago,
Concept AAR saw concept in late July Allows freight railroads to “bank” their “match” funding for multiple and future corridor improvements Voluntary.
Ekrem M. Sarper International Policy Advisor, NAIC Vice Chair, Implementation Committee, IAIS November 19, 2014 Supervisory Cooperation and Coordination.
Transition model for Dairy Development in the Romanian Dairy Cluster March 17 th 2014 Wim Zaalmink, LEI Wageningen UR
ASEAN+3 Seminar on Developing Corporate Bond Markets in Asia Mr. Masato Miyachi, Senior Advisor Office of Regional Economic Integration Asian Development.
An Overview of Banks and Their Services
SUPERVISION by De Nederlandsche Bank in the BES as from July 2012 Information meeting / Roundtable St. Maarten – 6 February 2012 – Paul van den Berg –
De Nederlandsche Bank Eurosysteem Actual Developments of Payments and Securities Settlement Systems Michael van Doeveren 2nd Conference of the Macedonian.
IAIS Standards Setting Activities and the Insurance Core Principles Washington – 4 May 2004 Luc Cardinal – Member of Secretariat International Association.
ORGANIC AGRICUTURE IN CYPRUS 17/3/2004 Cyprus Organic Producers Association Nicolas Kanaris.
Luis Huerta Rosas Immediate Past President International Actuarial Association DEVELOPMENT OF THE ACTUARIAL PROFESSION IN LATIN AMERCIA November, 2005.
Seminar: Timely Topics for Today’s Business World Mr. Bernstein Banking February 23-24, 2014.
Page 1 STRENGTHENING THE REGULATORY AND SUPERVISORY CAPACITY OF THE FINANCIAL REGULATORS The Crisis and Dutch insurance supervision A Case Study Tom Roos.
Opportunities for Introduction of Index- Based Insurance in Moldova, Ukraine and Russian Federation East Agri 2008 Annual Meeting, Paris Roman Shynkarenko.
Workshop on the Insurance Core Principles IV Conference on Insurance Regulation and Supervision in Latin America Punta Cana, May Makoto Okubo,
International International Standards on Regulating DNFBPs & The way forward Mr Peter KWOK Assistant Secretary for Security 19 February 2009 Narcotics.
Sesame Business Network Ethiopia Mekelle, March 21 st 2015 Results group 2 : Direct supplier-buyer relations.
THE ROLE OF BANKS IN SUPPORT OF MANUFACTURING RICHARD HOLDEN HEAD OF MANUFACTURING, LLOYDS TSB COMMERCIAL WEBSITE:

IIS 46 th Annual Seminar 7 June 2010 in Madrid Insurance and systemic risk Yoshi Kawai Secretary General IAIS.
1 1/. A brief overview of status of cooperative movement in Vietnam - In early 90s, the cooperatives get out of the centrally planned and subsidized economy.
International transparency requirements and domestic financial regulation Third Annual GATS Seminar on Financial Services British Institute of International.
Centre of Excellence in Agri Finance and Rural Entrepreneurship (CEAFRE) The CEAFRE MODEL.
Self-help Groups & Social Capital 8 March, 2002 NG Hang-sau Chief Service Supervisor Community Rehabilitation Network The Hong Kong Society for Rehabilitation.
Central Banking in the Light of the Crisis. Outline.
“The Regulatory Challenge” By Dr. Bassel Hindawi Director General of The Insurance Commission of Jordan at The 42 nd Annual Seminar of the International.
1 Further Development of Customs Riga, 26 November th Anniversary of the State Revenue Service of Latvia Kunio Mikuriya Secretary General elect.
Financial sector support to the private sector’s long-term plans.
Financial Services Commission1 International Insurance Regulation Michael Oliver Director of Insurance Financial Services Commission British Virgin Islands.
Social Roles and Relationships.
International Seminar on Creative Economy: New Perspectives Rio de Janeiro 21 September 2011 David Parrish International Creative Industries Management.
De Nederlandsche Bank Eurosysteem GENERAL FRAMEWORK AND OVERVIEW Carlo Winder Conference Financial Sector of Macedonia on Payments and Securities Settlement.
De Nederlandsche Bank Eurosysteem Oversight on Systemically Important Payment Systems Paul Osse Conference Financial Sector of Macedonia on Payments and.
Managing Risk in Financing Agriculture - Expert Meeting Johannesburg 1-3 April 2009 Synthesis of the Expert Meeting “Johannesburg Findings”
Mini Case Study on Insurance Core Principles - ICP23 Capital Adequacy and Solvency - Insurance Training Seminar IAIS - ASSAL Buenos Aires, Argentina, 1-4.

Case Study on Change in Control IAIS-ASSAL Training Seminar Lisbon, Portugal, April 2006 Makoto Okubo – Member of Secretariat International Association.
XXIII Asamblea Annual de ASSAL Round Table Discussion: Market Developments April 25, 2012 Andrea Keenan Assistant Vice President, Economic & Industry Research.
SHARED HOUSING RESPONSABILITIES IN A FEDERAL REGIME : THE CASE OF QUEBEC IN CANADA James McGregor Vice-President Development.
Risk Management by banks financing agriculture and rural enterprise: African and Asian Experiences Expert Meeting on Managing Risk in Financing Agriculture.
MMSC-EMEA Lloyd’s Register EMEA 7 th April Risk Assessment in Shipping Companies Intertanko Vetting Seminar Vouliagmeni, Greece Tony Field MMSC-EMEA.
Global Trends and Supervisory Challenges: In inclusive insurance markets IAIS Global Seminar Budapest 17 June 2016.
THE INTERNATIONAL ACTUARIAL ASSOCIATION Actuaries serving the public interest.
FIN 320 Week 1 DQ 2 What is the relationship between risk and return in an organization? Provide examples. How does your organization diversify and mitigate.
Supporting SMEs in Kuwait
ACIE Scottish Conference, 26 August 2016
Regulatory challenges and perspectives for positive growth
Promoting good conduct in insurance distribution
Deputy Executive Officer: Insurance Financial Services Board
Implementing ICPs: Assessment as the First Step
Andrea Keenan Assistant Vice President, Economic & Industry Research
Case Study on Change in Control
Municipal Entrepreneurship
Financing Agriculture in the Kyrgyz Republic
International Insurance Regulation
11May 2007 Yoshi Kawai – Secretary General
Changes in the PFM Institutional Structure - Roles & Responsibilities
Presentation transcript:

Agricultural Insurance: a matter of mutual cooperation Dirk Witteveen, De Nederlandsche Bank IAIS ASSAL Training Seminar, 27 April 2006

Outline Role of insurance Some characteristics IAIS as knowledgebase Mutual insurance Mutual cooperation and trust Bronvermelding voor deze gegevens: GDP: DNB Statistisch bulletin, tabel 6.1, regel 9.1 Banken: Wtk-register (jaarverslag DNB) en DNB Statistisch bulletin, tabel 7.1 Verzekeraars: en DNB Statistisch bulletin, tabel 3.1 Pensioenfondsen: en DNB Statistisch bulletin, tabel 3.1 Beleggingsinst´n: Wtb-register AFM en DNB Statistisch bulletin, tabel 3.1

Essential part of financial sector Facilitates entrepreneurship 1. Role of insurance Essential part of financial sector Facilitates entrepreneurship Important for both developed and developing economies Bronvermelding voor deze gegevens: GDP: DNB Statistisch bulletin, tabel 6.1, regel 9.1 Banken: Wtk-register (jaarverslag DNB) en DNB Statistisch bulletin, tabel 7.1 Verzekeraars: en DNB Statistisch bulletin, tabel 3.1 Pensioenfondsen: en DNB Statistisch bulletin, tabel 3.1 Beleggingsinst´n: Wtb-register AFM en DNB Statistisch bulletin, tabel 3.1

2. Some characteristics Insurance enabled by mutual cooperation Insurance part of a risk mitigating chain Risks should be quantifiable and diversifiable Role of government, regulator and supervisor Insurance is about trust

3. IAIS as knowledgebase Standard setting Giving guidance Relationships Knowledgebase

4. Mutual insurance Deep historical roots Includes non-financial help, education, support Also self regulation and self control Still providing modern solutions

5. Mutual cooperation and trust Implies mutual understanding, controlling and mitigating of risks Example: AGROASEMEX Keep an eye on other developments Agricultural insurance on the base of mutual cooperation and mutual trust will strongly support developing economies