• Service: Advisory, Topics, Financial Services Regulation
  • Industry: Financial Services, Insurance
  • Type: Regulatory update
  • Date: 11/04/2013

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: A new dawn 

For insurers right across the sector, 2013 is set to be another year of significant regulatory and commercial change. The 2013 edition of our annual report offers a unique overview of this change, the challenges it presents to insurers and the opportunities now flowing from it.
Evolving Insurance Regulation: A new dawn cover
Download Now
PDF files require Adobe Reader to view

This report analyses the increasingly wide range of insurance-related regulatory drivers. Initiatives such as systemic risk, the IAIS Insurance Core Principles (ICPs) and the European Union's Solvency II Directive remain a key focus for many insurers and regulators. Increasingly, as more jurisdictions begin to implement the ICPs, assessing how best to accommodate multi-jurisdictional compliance and reporting requirements becomes a growing strategic challenge.


The ongoing regulatory change agenda, the renewed need for increased growth, profitability, capital returns and cost reductions remain central themes for the industry. We believe insurers who manage these challenges with an eye on creating positive value for enhanced performance will be best positioned for success.


Contents include:

  • group supervision – developments for insurers
  • international developments and evolving supervisory structures
  • latest developments in insurance-related enterprise risk management
  • slow but continued progress towards one global insurance accounting standard
  • reducing systemic risk within the insurance sector
  • the conduct agenda.

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


Share this

Share this

Financial services regulation

Financial services regulatory change
Regulation can involve change and complexity, however many organisations use regulatory to underpin business transformation and drive change.


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