Policy Issues in Insurance No.7

Reform of the pension regime and developments in the insurance market and its regulation are continually evolving in the Baltic countries, and will surely continue to be a priority on the political agenda in coming years. The OECD has been monitoring and analysing these changes in the framework of the Baltic Regional Programme that is administered by the Centre for Co-operation with Non-Members (CCNM).

The aim of this project, which also includes an insurance publication (see Private Pensions Series n°5 ), is to provide Baltic policy makers and market players with accurate analysis on their insurance and pension markets and assist them in drafting or improving their regulatory and supervisory frameworks. Each part of the project gathers updated and selected proceedings of the meetings devoted to insurance and pension reforms and organised within the framework of the Baltic Regional Programme.

Both publications contain individual country reports, comparative analysis from a regional perspective, and examine key policy issues in the private pension and insurance sectors. The analyses benefit from in-depth knowledge of OECD experience in these sectors, as well as from experience in other emerging market economies. For future progress, policy recommendations addressed to Baltic policy makers and market players address how to further develop sustainable and open markets in these fields.