Macroprudential Objectives and Instruments for Insurance

An Initial Discussion

This article seeks to contribute to the ongoing debate on the objectives of
macroprudential policies and the interaction between micro- and macroprudential
policy in insurance. We consider two channels through which the insurance sector could influence economic growth and link these considerations to the ongoing discussions on possible macroprudential concerns in the insurance sector. While we discuss some potential macroprudential objectives and instruments, they are put forward merely for discussion and illustration, and do not constitute, and should not be seen as, EIOPA policy proposals.