Financial market regulation has been under review for a number of years but the global financial crisis in 2008 made it a key priority in many countries. While the previous insurance regulatory framework did remarkably well in the protection of insurance consumers and companies during the financial crisis, the insurance industry has not been immune from these factors. today, new and upcoming regulations are having a profound impact on companies’ balance sheets and risk management practices. although primarily aimed at larger, global (re)insurers, the changes will impact medium and small (re)insurers as well...
- Guy Carpenter / Report / 4 years ago
Regulation & Compliance