FORUM

Insurance Regulation

Supervising Internationally Active Insurance Groups

Jun 10.2011 |

1. How can the international insurance regulatory community best balance the need for protection of local residents in individual jurisdictions where multinational insurance groups operate and avoidance of unnecessary duplication of regulatory burdens?

2. Is the U.S. multi-jurisdictional system an appropriate model, or a useful resource of experience, for global cooperation among regulators?

3. What regulatory roles are best left to local jurisdictions and which to a central coordinating body (e.g., IAIS)?

4. How can international supervisors share skills and experience to better address the increasingly complex global insurance markets and company processes?

5. If effective group supervision requires supervisor cooperation, who is responsible for regulatory outcomes?

The Impact of Regulatory Change on Insurance Business Strategies and Operations

Feb 03.2011 |

1. How does the underlying uncertainty about climate change and the future of international responses create opportunities and risks for the insurance industry?

2. What areas of insurable risk are available to be developed by insurers?

3. How can insurers address the “extreme tail” risks associated with environmental risk?

1. How have the economic crisis and aftermath affected insurance lines, e.g., higher claims, decline in sales, growth in sales, new products?

2. How has the experience in financial services affected the direction of insurance regulation? Is insurance regulation affected by mistaken assumptions about industry needs and norms, e,g., excessive restriction on the use of needed hedging facilities?

3. How will the recent experience change risk management practices in the industry?

4. Will problems in the derivatives markets reduce or change the use of capital markets for insurance activities?

5. What new market opportunities are created by the recent crisis?

Economic Crisis

The Impact of the Economic Crisis on the Insurance Industry

Considerations:

1. How have the economic crisis and aftermath affected insurance lines, e.g., higher claims, decline in sales, growth in sales, new products?

2. How has the experience in financial services affected the direction of insurance regulation? Is insurance regulation affected by mistaken assumptions about industry needs and norms, e,g., excessive restriction on the use of needed hedging facilities?

3. How will the recent experience change risk management practices in the industry?

4. Will problems in the derivatives markets reduce or change the use of capital markets for insurance activities?

5. What new market opportunities are created by the recent crisis?