Australia

Details

  • Service: Advisory, Topics, Financial Services Regulation
  • Industry: Financial Services, Insurance
  • Type: Regulatory update
  • Date: 6/03/2012

Evolving Financial Services Regulation

Evolving Financial Services Regulation
This series discusses the regulatory challenges facing the financial services industry and provides insight on implications and issues to consider.

Evolving Insurance Regulation: Time to get ahead 

Insurance regulation is complex and interconnected and the unevenness of global requirements will ensure application remains problematic for many insurers. However, for those firms prepared to rise to these challenges, to re-focus and transform their business and embrace the new consumer agenda, the rewards could be great.
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With this in mind, the focus of the second edition of Evolving Insurance Regulation extends from risk management and prudential change to include the insurance regulatory reform initiatives currently underway in markets around the world, including the increased focus by many jurisdictions on new consumer protection measures.


This publication is divided into four main sections:

  • The latest developments in the International Association of Insurance Supervisors (IAIS).
  • Evolving global solvency developments: Beyond compliance, towards value creation.
  • The consumer protection agenda.
  • Accounting, valuation and disclosure developments.


In addition, integrated into the publication are specific insights into the regulatory developments in the Americas, Europe Middle East and Africa, and Asia Pacific.

 

Insurance

KPMG’s Insurance group helps general insurance companies, health, life, reinsurance and broking arms of the industry make better business decisions.