From Regulators' Pages: Global regulation steers towards quality
Source: Asia Insurance Review | Apr 2009
Regulators around the world are converging in their assessment of insurer creditworthiness. Even with the impact of the global credit crunch likely to increase the rigour of quantitative rules-based tests, the trend is for a wider qualitative approach, embodied in Enterprise Risk Management. Mr Vikas Newatia, Managing Director of EMB India, explores why.
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