Strategic global view: Financial stability: A new dimension of insurance regulation
Source: Middle East Insurance Review | Jul 2014
In the wake of the global financial crisis, the world's largest insurance groups have had to cope with macro-prudential policies as a new layer of supervision and regulation. Whilst these requirements clearly impose additional costs on insurers, there might also be industry-specific benefits to be expected from macro-prudential supervision, argues Dr Kai-Uwe Schanz of Dr. Schanz, Alms & Company AG, Zurich.
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