1. How has insurance regulatory direction changed due to the economic crisis, e.g., implementation of Solvency II, imposition of risk management requirements, coordination with regulatory schemes for other financial services?
2. How can regulation deal effectively with abnormal market risks? By what methods?
3. How can the special considerations required for insurance be recognized within a more coordinated financial services regulatory regime?
4. What are the prospects for greater consistency in insurance regulatory approaches among nations?
5. How can trends toward recognizing market-based economic values and company-model measures of solvency and financial performance improve industry financial security and efficiency?
Feb 03.2011 | 1 Comment
1. Is it practical to think that we can devise “early warning” systems to anticipate future systemic risks or must we focus on being prepared for surprises?
2. How can the insurance industry’s expertise in risk measurement and management be used to better understand risk trends and exposures?
3. Are there new business opportunities for insurers in covering financial market exposures, without being subject to the systemic risk fallout?
4. What dangers does the current low interest rate environment pose for insurers as investors as they seek higher investment returns to meet their obligations?
Insurers have a clear vision of how enterprise risk management (ERM) will add value to their organizations but face business challenges in progressing toward that goal, according to Towers Watson's Seventh Biennial Global ERM Survey, released in November.more articles