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Path to enlightenment

Increased globalisation has, for the insurance industry, created many hazy areas in cross-border regulations. John Latter and Adrian Smith explore the maze of issues

The past two years have seen a heightened focus on the issues inherent in insurance regulation, insurance premium tax and other parafiscal taxes, which apply when constructing cross-border insurance

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Storm damage claims test insurers’ settlement choices

A year of severe storms has strained repair networks and claims operations, which Ben Blain, head of property at Verisk Claims, points out has placed insurers’ settlement decisions, data oversight and ability to evidence fair customer outcomes firmly under the regulatory spotlight.

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