Rating agencies learned their lessons, insurance ratings less affected than other (banks, MBS), insurance ratings will remain an important part of financial markets...until a new black swan emerges...

The IMF and Insurance; Lessons from the crisis; Issues for insurance...

Rapid MMoU implementation directly feeds into IAIS work on financial stability. The current financial crisis has prompted the work on group-wide supervision and in particular the acceleration of implementation of MMoU...

Former CEIOPS Intermediaries Expert Group, CEIOPS Committee on Consumer Protection, Conclusions of the De Larosière Report, Lessons learned from the crisis...

background; financial services and regulation; trade agreements and the regulatory interface; current crisis and its implications; potential lessons for reform...

Trade in Financial Services:• Highly regulated sector• Sector opened in last quarter of 20thcentury• Some sub-sectors operate on aglobal basis• Market share of foreign-ownedinsurance companies in Europe 41%,Latin America 47% and Asia 12%...