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The OECD has been collecting insurance statistics for over fifteen years, with data on the insurance sector dating back to the early 1980s. In response to the financial crisis, a Global Insurance Statistics (GIS) project was launched as part of the OECD’s insurance market monitoring activities. The main objectives were to expand the scope of the OECD’s statistical framework for insurance and extend its global reach, with a view to enhancing transparency. These changes led to the collection of key balance sheet and income statement items for the direct insurance and reinsurance sectors, and to the gradual global expansion of the OECD’s Global Insurance Statistics Database.
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