Insurer EM Exposure – Very Small

by Jennifer Johnson of the NAIC's Capital Markets Bureau

"While there is no universal definition for what constitutes emerging market countries, the International Monetary Fund (IMF) defines non-advanced economies as “emerging market and developing economies” (EM). The countries that comprise emerging markets shift with changes in economic conditions; that is, emerging market economies can include those that might have been considered developed markets in the past. EM countries are included among five regions: Asia, Europe, Latin America and the Caribbean, Middle East and North Africa, and Sub-Saharan Africa."

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Insurer EM Exposure – Very Small

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