Cover -- Contents -- Glossary -- A -- B -- C -- E -- F -- I -- M -- N -- O -- P -- R -- S -- T -- U -- EXECUTIVE SUMMARY -- ASSESSMENT OF INSURANCE CORE PRINCIPLES INTRODUCTION AND SCOPE -- A. Information and Methodology Used for Assessment -- B. Overview-Institutional and Macro Prudential Setting -- C. Preconditions for Effective Insurance Supervision -- D. Authorities' Response to the Assessment -- DETAILED PRINCIPLE-BY-PRINCIPLE ASSESSMENT -- FIGURES -- 1: Net result of Belgian Insurers (company basis) -- 2: Twin Peaks Structure in Belgium -- TABLES -- 1: Insurance Penetration and Density in 2011 -- 2: Trend in Insurance Market Structure -- 3: Insurance Distribution Channels -- 4: Analysis of Direct Insurers' Assets -- 5: Assets Covering Technical Provisions -- 6: Analysis of Life Premiums -- 7: Major lines of General Insurance Business: Gross Premiums written -- 8: Solvency Position of Insurers -- 9: Summary of Compliance with the ICPs -- 10: Summary of Observance Level -- 11: Recommendations to Improve Observance of ICPs -- 12: Detailed Assessment of Observance of the ICPs.