Description of New international regulatory landscape and the IAIS response to challenges for insurance supervisors.

The importance of supervisory colleges has been underscored by the various international fora. The IAIS has responded in a timely manner with a guidance paper and is actively following-up to improve further the functioning of supervisory colleges...

An Example of the Steps of Market Development, Assessments Completed, After 2003 the Bank developed an alternative template, Observance of ICPs...

Lloyd's participation in markets takes many different forms. Regulatory treatment encountered varies considerably. Compliance is paramount. Opinions on reasonableness of regimes are not fixed and can evolve over time...

The temptation for more protectionism has to be resisted. National reactions that try to hinder international capital flows or prevent foreign activities from being carried out in an efficient and fair manner weill reduce the benefits that the international economic cooperation has brought to...

Consumers across Asia are becoming wealthier, older, and more sophisticated in their behaviors and attitudes towards financial services. Rising affluence and high net worth across Asia. The population of affluent and high net worth individuals is grwoing rapidly across Asia...

BAckground/Structure of IAIS, The International Solvency Requirements (ISR) Framework, Standards and Guidance, Future Standards and Guidance, Future Possibilities - Interactive session...

Economic approach (diversification benefits) in line with Solvency II conceptual framework. Same level of protection to policy holders with a given level of capital across the group. Mechanism enhancing capital mobility within a group. Alignment with the way groups are effectively managed...

What we like about Solvency II, Solvency II design issues, Developments in the US, Lessons learned from the current gloabl crisis...

Why was risk management not effective in preventing financial institutions from bubbles in the past? 1. Because the emerge of the bubbles were not recognized at all. 2. Because risk managers did not have sufficient authority to stop the nonsense....