in 3rd International Meeting on Terrorism Risk Insurance By www.oecd.org Published On :: Wed, 10 Sep 2014 12:54:00 GMT Washington DC, 10 September 2014: This meeting addressed the evolution of the terrorism threat, the availability and affordability of terrorism risk insurance, the financial liability of governments and short and long-term perspectives. Full Article
in OECD/Euromoney Roundtable on Long-term Investment Policy By www.oecd.org Published On :: Wed, 26 Nov 2014 15:59:00 GMT 2014 OECD/Euromoney Roundtable on Long-term Investment Policy: The roundtable provided a unique opportunity for participants to discuss the OECD’s work on institutional investors and long-term financing with senior policymakers and regulators, and to facilitate investment by institutional investors, addressing both potential regulatory obstacles and market failures. Full Article
in Pensions At Risk for 80 Million People in Latin America and the Caribbean By www.oecd.org Published On :: Mon, 20 Apr 2015 14:00:00 GMT Experts and policy makers gathered today at the Inter-American Development Bank (IDB) to discuss the future of pensions in Latin America and the Caribbean. A panel discussion moderated by CNN journalist Gabriela Frias explored different policy approaches to ensure greater coverage and sustainability of pension systems in the region. Full Article
in Pension funds’ assets in 2014 top USD 25 trillion in OECD countries By www.oecd.org Published On :: Wed, 13 May 2015 15:31:00 GMT In this issue of "Pension Funds in Figures", preliminary data and early estimates for 2014 show that pension funds’ assets exceeded USD 25 trillion in OECD countries. The largest increases are found in Estonia, Korea, Luxembourg and Turkey, where pension funds’ assets rose by more than 20% compared to... Full Article
in 2015 G20-OECD High-level roundtable on institutional investors and long-term investment By www.oecd.org Published On :: Thu, 28 May 2015 11:55:00 GMT Singapore, 28 May 2015: This roundtable will focus on key themes related to G20 work, including how policy makers and investors can facilitate private sector infrastructure financing, the development of infrastructure as an asset class, and issues relating to the regulation of long-term investment. Full Article
in Low interest rates threaten solvency of pension funds and insurers By www.oecd.org Published On :: Tue, 23 Jun 2015 16:51:00 GMT The current low interest rate environment poses a significant risk for the long-term financial viability of pension funds and insurance companies, as they seek to generate sufficient returns to meet promises, according to a new OECD report. Full Article
in OSAA-OECD high-level event on leveraging pension funds for financing infrastructure development in Africa By www.oecd.org Published On :: Wed, 15 Jul 2015 15:07:00 GMT Addis Ababa - Part of the 3rd International Conference on Financing for Development, this event explored strategies to leverage Africa’s pension funds and other sources of private financing to develop Africa’s infrastructure. Ways to improve the investment climate in Africa using the recently updated Policy Framework for Investment were also be addressed. Full Article
in The transition in the Mexican pensions system to one based on individual defined contribution accounts has increased its financial sustainability By www.oecd.org Published On :: Thu, 15 Oct 2015 14:42:00 GMT The reforms to the pensions system in Mexico, especially the introduction of a system of individual defined contribution accounts, have significantly improved the system’s financial sustainability. Full Article
in The tax treatment of funded private pension plans in OECD and EU countries By www.oecd.org Published On :: Thu, 29 Oct 2015 17:13:00 GMT This stocktaking report profiles the tax treatment of funded private pension plans across all OECD and EU countries. The information refers to 2015 or the latest year with available data and covers all types of funded private pension plans in each country. Full Article
in Building resilience to climate change risks at the level of cities and SMEs By www.oecd.org Published On :: Thu, 29 Oct 2015 22:53:00 GMT 29 October 2015, Paris - Resilient cities and SMEs are critical to reducing the economic disruption from climate-related disaster events. In the run up to COP21, these remarks by Adrian Blundell-Wignall at the AXA-UNEP-PSI Conference on Climate Resilience address the importance of building resilience to climate change risks at the level of cities and SMEs. Full Article
in Infrastructure financing instruments and incentives By www.oecd.org Published On :: Fri, 06 Nov 2015 11:44:00 GMT This taxonomy maps out the investment options available to private investors and the instruments and incentives available to attract private sector investment in infrastructure. Full Article
in G20/OECD High-level Principles on SME Financing By www.oecd.org Published On :: Mon, 16 Nov 2015 10:37:00 GMT SMEs are important engines of innovation, growth, job creation and social cohesion. However, they can only reach their full potential if they obtain the finance necessary to start, sustain and grow their business. These voluntary principles provide broad guidelines on how to enhance access by SMEs to finance to help increase the contribution of SMEs to resilient and inclusive growth. Full Article
in G20/OECD Report on G20 Investment Strategies: Highlights By www.oecd.org Published On :: Mon, 16 Nov 2015 11:16:00 GMT The OECD has produced assessments of country-specific investment strategies in G20 countries in order to improve the investment ecosystem, foster efficient infrastructure investment and support financing opportunities for SMEs. This booklet reproduces the highlights of these assessments which have been transmitted to G20 leaders for consideration at their Summit in November 2015.. Full Article
in OECD/Euromoney Conference on long-term investment financing By www.oecd.org Published On :: Thu, 19 Nov 2015 11:22:00 GMT Paris, 19-20 November 2015: Bringing together senior executives representing the world’s largest institutional investors, senior policy makers and regulators, debates focused on issues affecting long-term investment, including: asset allocation concepts; regulation; governance; energy and natural resources; and, brownfield and greenfield infrastructure. Full Article
in Further reforms needed to tackle growing risk of pensioner poverty By www.oecd.org Published On :: Tue, 01 Dec 2015 11:00:00 GMT Recent reforms have made pension systems more financially sustainable and pensioners have higher living standards than ever before. But future generations are likely to find their pension entitlements much less generous than today’s and many may face a serious risk of pensioner poverty, according to a new OECD report. Full Article
in Special session on climate change and the insurance sector By www.oecd.org Published On :: Thu, 03 Dec 2015 09:57:00 GMT This event explored the potential contribution of the (re)insurance sector to climate change mitigation and adaptation, including: the role of the insurance sector in a climate change agreement; managing the financial risks of extreme events in a changing climate; investing in the transition to a low-carbon economy; and the role of regulators in addressing climate change risks. Full Article
in Analytical tools for the insurance sector By www.oecd.org Published On :: Tue, 15 Mar 2016 16:30:00 GMT The OECD has been collecting and analysing official insurance statistics since the early 1980’s. In response to the financial crisis in 2008, the OECD has been expanding the scope of its Global Insurance Statistics exercise in order to extend its global reach. Full Article
in Japan will need reforms to ease economic blow of a shrinking workforce By www.oecd.org Published On :: Mon, 11 Apr 2016 07:00:00 GMT Japan must make revitalising growth its number one priority with reforms to boost productivity and encourage more women and older people into jobs to compensate for its rapidly shrinking labour force, according to the OECD. Full Article
in 2016 G20-OECD High-level roundtable on institutional investors and long-term investment By www.oecd.org Published On :: Mon, 25 Apr 2016 15:35:00 GMT Singapore, 25 April 2016: This roundtable focused on key themes related to G20 work, in particular the views of the private sector on current work developed by the OECD for the G20 Presidency toward promoting more diversified and innovative infrastructure financing. Full Article
in OECD, IOPS and World Bank join forces to improve private pension statistics By www.oecd.org Published On :: Thu, 28 Apr 2016 10:07:00 GMT 28 April 2016, Paris - OECD, IOPS and the World Bank are joining forces to expand the reach of the OECD’s Global Pension Statistics database and annual Pensions Markets in Focus report. This collaboration with the World Bank will help bring data from emerging and developing economies that are not currently included in the database. Full Article
in Latvia: Review of the Insurance System By www.oecd.org Published On :: Thu, 02 Jun 2016 16:09:00 GMT This review of Latvia by the OECD Working Party of Governmental Experts on Insurance examines Latvia’s position with respect to core principles related to insurance systems. Full Article
in Financial Management of Flood Risk By www.oecd.org Published On :: Fri, 03 Jun 2016 23:52:00 GMT This publication applies the lessons from the OECD’s analysis of disaster risk financing practices and the development of guidance to the specific case of floods. This report provides an overview of the approaches that economies facing various levels of flood risk and economic development have taken to managing the financial impacts of floods. Full Article
in OECD financial literacy study finds many adults struggle with money matters By www.oecd.org Published On :: Wed, 12 Oct 2016 15:15:00 GMT 12/10/2016 – Adults in many countries around the world display low levels of financial knowledge, fail to engage in financial behaviours that could improve their financial security and have financial attitudes oriented towards the short-term, as shown in the OECD/INFE International Survey of Adult Financial Literacy Competencies released today. Full Article
in OECD/INFE International Survey of Adult Financial Literacy Competencies By www.oecd.org Published On :: Wed, 12 Oct 2016 17:20:00 GMT This report contains the results of an international data collection survey that measured the financial literacy and financial inclusion of adults. A total of 51,650 adults aged 18 to 79 from 30 countries and economies participated in the survey. Full Article
in Seminar on open and orderly capital movements By www.oecd.org Published On :: Tue, 25 Oct 2016 18:01:00 GMT Co-organised by the OECD and the German Federal Ministry of Finance, the seminar focused on the policy implications of the increasingly interconnected global financial and economic system and the need for an open and orderly regime for capital flows in the context of the review of the OECD Code of Liberalisation of Capital Movements. Full Article
in OECD Insurance Statistics By www.oecd.org Published On :: Tue, 03 Jan 2017 15:23:00 GMT The OECD collects and analyses data on various insurance statistics such as the number of insurance companies and employees, insurance premiums and investments by insurance companies. Full Article
in OECD Recommendation on Disaster Risk Financing Strategies By www.oecd.org Published On :: Thu, 23 Feb 2017 12:56:00 GMT Adopted by the OECD Council on 23 February 2017, this Recommendation provides high-level policy guidance for designing a strategy for addressing the financial impacts of disasters on individuals, businesses and sub-national levels of governments, as well as the implication for public finances. Full Article
in Conference on business, finance and gender By www.oecd.org Published On :: Wed, 08 Mar 2017 16:09:00 GMT Paris, 8 March 2017: Taking place on International Women's Day, this OECD-hosted conference considered questions such as gender differences in financial literacy and inclusion; women working in the informal economy and the role of business: gender differences in the changing pensions landscape; empowering women to fight back against corruption and engaging men to support gender equality in the workplace. Full Article
in Responsible business conduct for institutional investors: Key considerations for due diligence under the OECD Guidelines for Multinational Enterprises By www.oecd.org Published On :: Tue, 28 Mar 2017 23:08:00 GMT Promoting responsible business conduct in the financial sector is vital to building a sustainable global economy. This paper will help institutional investors implement the due diligence recommendations of the OECD Guidelines for Multinational Enterprises in order to prevent or address adverse impacts related to human and labour rights, the environment, and corruption in their investment portfolios. Full Article
in Reforming Brazil’s pension system By www.oecd.org Published On :: Wed, 19 Apr 2017 10:00:00 GMT Brazil’s old-age pensions have reduced old-age poverty below OECD levels, but pension expenditures of 8.2% of GDP are expected to rise rapidly as the population ages. A pension reform is necessary to ensure the financial sustainability of the system. Full Article
in Investment governance and the integration of environmental, social and governance factors By www.oecd.org Published On :: Tue, 02 May 2017 16:37:00 GMT This paper presents the findings of an international stocktaking of the regulatory frameworks that apply to institutional investment in different jurisdictions and how these frameworks are interpreted by institutional investors in terms of their ability or responsibility to integrate environmental, social and governance (ESG) factors in their governance processes. Full Article
in Supporting an effective cyber insurance market By www.oecd.org Published On :: Sat, 13 May 2017 11:15:00 GMT 13/05/2017 - With the frequency and scope of cyber incidents growing significantly, this report provides an overview of the market for cyber insurance as well as the current challenges in terms of data availability, quantification of cyber risks, awareness and misunderstanding about coverage. It identifies potential policy measures to address some of the main challenges to the development of an effective cyber insurance market. Full Article
in OECD Business and Finance Scoreboard By www.oecd.org Published On :: Tue, 30 May 2017 09:22:00 GMT The OECD Business and Finance Scoreboard accompanies the OECD Business and Finance Outlook by providing a commented overview of selected indicators and data related to corporate performance, banking, capital markets, pensions and investments. Full Article
in Can better international co-operation help build a fairer global economy? By www.oecd.org Published On :: Tue, 30 May 2017 14:12:00 GMT Drawing on data presented in the 2017 OECD Business and Finance Outlook, this article looks at some of the forces influencing recent economic developments and asks what can be done to ensure a “fairer” global economy. Full Article
in Increased international co-operation on financial and corporate issues essential to making globalisation work for all By www.oecd.org Published On :: Tue, 30 May 2017 15:17:00 GMT Globalisation has failed to create a level playing field in trade, investment and corporate behaviour, being one of the factors contributing to a backlash against openness in many countries and a decline in confidence in government institutions. Full Article
in Seminar on pension foresight: Envisaging retirement income plans of the future By www.oecd.org Published On :: Wed, 21 Jun 2017 11:54:00 GMT 21 June 2017, Paris: Co-organised by the International Network for Pensions, Aging, and Retirement Research (INPARR), the OECD and IOPS, this seminar provided a window into the latest thinking and research that sheds light on where pension plans and designs are headed in the future and challenges to their future sustainability and efficiency. Full Article
in Coping with the financial consequences of devastating floods By www.oecd.org Published On :: Thu, 07 Sep 2017 08:37:00 GMT 07/09/2017 - Flooding is one of the most common, wide-reaching and destructive natural perils, affecting on average about 250 million people around the world each year. OECD work on the financial management of flood risk has identified a number of ways that policy makers can improve the way they manage the financial implications of floods. Full Article
in Technology and innovation in the insurance sector By www.oecd.org Published On :: Fri, 08 Sep 2017 17:15:00 GMT “Insurtech”is the term being used to describe the new technologies with the potential to bring innovation to the insurance sector and impact the regulatory practices of insurance markets. This report catalogues these technologies and examines how InsurTech is being funded and how insurers are engaging with the start-ups entering the market. Full Article
in Population ageing and rising inequality will hit younger generations hard By www.oecd.org Published On :: Wed, 18 Oct 2017 11:00:00 GMT Younger generations will face greater risks of inequality in old age than current retirees and for generations born since the 1960s, their experience of old age will change dramatically. Full Article
in OECD Guidelines on Insurer Governance By www.oecd.org Published On :: Thu, 16 Nov 2017 11:28:00 GMT 16 November 2017 - The OECD Guidelines on Insurer Governance provide guidance and serve as a reference point for insurers, governmental authorities, and other relevant stakeholders in OECD and non-OECD countries. The Guidelines have been revised and expanded to reflect evolving market practices and updates to international guidance following the financial crisis. Full Article
in Pensions reforms have slowed in OECD countries but need to continue By www.oecd.org Published On :: Tue, 05 Dec 2017 11:00:00 GMT Further reforms are needed across OECD countries to mitigate the impact of population ageing, increasing inequality among the elderly and the changing nature of work, according to a new OECD report. Pensions at a Glance 2017 says that public spending on pensions for the OECD as a whole has risen by about 1.5% of GDP since 2000. However, the projected pace of spending growth has slowed substantially. Full Article
in 8th Annual OECD High-level Breakfast on Institutional Investors and the Low-carbon Transition By www.oecd.org Published On :: Mon, 11 Dec 2017 11:15:00 GMT 11 December 2017, OECD Paris - The 8th annual OECD high-level breakfast event brings together leading investors and senior government officials for informal, focused dialogue, to examine key developments and identify solutions to enable achievement of NDCs and the two-degree commitment. Full Article
in Enhancing the role of insurance in cyber risk management By www.oecd.org Published On :: Tue, 09 Jan 2018 12:15:00 GMT This report provides a series of policy recommendations aimed at enhancing the contribution of the cyber insurance market to managing this increasingly prevalent risk. The report examines the current state of the market and the obstacles that are impeding the market from reaching its full potential Full Article
in Supporting ageing workforce key to tackling future US economic challenges By www.oecd.org Published On :: Wed, 24 Jan 2018 06:00:00 GMT Providing American seniors with better work incentives and opportunities will be crucial for the United States to meet the challenges of its rapidly ageing population. By 2028, more than one in five Americans will be aged 65 and over, up from fewer than one in six today, according to a new OECD report. Full Article
in High-Level Conference on Policies for Equal Ageing: A Life-Course Approach By www.oecd.org Published On :: Thu, 25 Jan 2018 11:48:00 GMT This High-Level Conference is organised by both the Government of Slovenia and the OECD in Brdo Congress Centre (Slovenia) on 25 and 26 January 2018. Full Article
in 2018 Meeting of the G20 Global Infrastructure Connectivity Alliance By www.oecd.org Published On :: Thu, 25 Jan 2018 23:56:00 GMT 25-26 January 2018 - The first annual meeting of the G20 Global Infrastructure Connectivity Alliance will bring together policy makers and practitioners to discuss the state of play in global connectivity, innovative practices and the outlook for connectivity. Full Article
in The cyber insurance market: Responding to a risk with few boundaries By www.oecd.org Published On :: Wed, 21 Feb 2018 22:24:00 GMT With the growth of cybercrime, and intensive media coverage of privacy breaches and ransomware attacks over the last year, could complacency about cyber risks soon be a thing of the past? Bill Below and Leigh Wolfrom of the OECD Directorate for Financial and Enterprise Affairs look at some of the challenges to insuring cyber risk. Full Article
in Conference on unleashing the potential of the cyber insurance market By www.oecd.org Published On :: Thu, 22 Feb 2018 09:28:00 GMT 22-23 February 2018, Paris - The potential role of the nascent cyber insurance market in enhancing cyber resilience is increasingly being recognised by policy makers. This conference provided an opportunity to exchange knowledge and share experiences on addressing the challenges impeding the development of the cyber insurance market. Full Article
in International Seminar on Pension Supervision and Regulation 2018 By www.oecd.org Published On :: Thu, 22 Feb 2018 16:38:00 GMT 23 February 2018, Dublin - This event focussed on how to build better retirement by ensuring value for money, implementing automatic enrolment and designing retirement pay-outs. Full Article
in Financial markets, insurance and pensions: Digitalisation and Finance By www.oecd.org Published On :: Mon, 09 Apr 2018 10:13:00 GMT This publication compiles a series of articles that focus on the impact of digitalisation and technology in the areas of financial markets, insurance, and private pensions. It also discusses the tools and policies needed to ensure that the challenges posed by digitalisation result in better outcomes and better management of the risks involved. Full Article