This publication discusses the various regulatory reform initiatives in the insurance sector. It explores what the future regulatory landscape looks like, and the implications for insurance firms.
Our regulatory experts address the impacts of various regulatory reform initiatives, including the International Association of Insurance Supervisors' (IAIS) Insurance Core Principles (ICP), on the insurance industry. Some of the topics covered include:
- The harmonization that the ICPs - starting this October - is expected to bring insurance regulatory regimes across multiple jurisdictions with major implications to the entire value chain over the next five to 10 years.
- New insurance supervisory reforms will not only reduce the cost of regulation but will also shape the business agenda.
- The key challenges insurance companies will face in implementing the ICPs.