This global insurance publication from KPMG's Regulatory Centres of Excellence, takes a fresh look at the various regulatory reform initiatives in the insurance sector – what will the future regulatory landscape look like, and what implications does this have for insurance firms?
Common themes emerging from international regulatory developments include:
- the move towards more risk-based approaches to capital and solvency measurement
- a greater focus on risk management and governance
- increased use of stress and scenario testing
- group supervision.