Cutting through the regulatory knot

Wherever insurers are in the world, they’re likely to be facing a raft of new regulations that go beyond simple changes in compliance procedures to affect how they price their products, deal with their customers and make decisions within their business. Key developments include the move to risk - based solvency management, as well as many more detailed changes linked to the global financial stability agenda.

The aim of this paper is to help insurers cut through the detail by looking at the underlying trends that are shaping the latest regulatory developments, the thinking behind them and the implications for their strategy and operations. The regulatory overhaul is global rather than just applicable to a particular country or region, so this paper is designed to be relevant to insurers in all parts of the world and those operating international businesses.