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Recording Insurance Transactions in the Balance of Payments
Mr.Peter Harper
出版
International Monetary Fund
, 1995-07-01
主題
Business & Economics / Insurance / General
Business & Economics / Industries / Financial Services
Business & Economics / Economics / Macroeconomics
ISBN
1451849281
9781451849288
URL
http://books.google.com.hk/books?id=_lQYEAAAQBAJ&hl=&source=gbs_api
EBook
SAMPLE
註釋
Insurance enterprises provide services, called insurance services, to policyholders. The values of such services are seldom, if ever, directly apparent; rather these values are implicitly entwined within the payment of premiums. This paper discusses the treatment of insurance services, and related transactions, in the balance of payments. A simple measure, based on a number of assumptions, of nonlife insurance services is considered. The assumptions underlying this measure are then relaxed. The treatment of life insurance, which has many of the characteristics of nonlife insurance, is then addressed. The paper concludes with a discussion on the practical aspects of measuring insurance transactions in the balance of payments.