Regulatory risk tops survey of insurers and brokers
95% of insurers identified regulatory risk as the single biggest challenge facing them over the next two years - ahead of operational and financial risk. According to a survey by insurance accountant and consultant Moore Stephens 93% of responses from brokers placed regulatory risk at the top of the two-year agenda, ahead of strategic and financial risk.
The Moore Stephens risk management survey showed that most firms were aware of the risk management requirements demanded by the regulators relative to their own businesses. Only 6% of respondents
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