Contributions from the 31st General Assembly of the Geneva Association, June 2004

The Geneva Papers (2005) 30, 34–42. doi:10.1057/palgrave.gpp.2510020

Regulation and Insurance Economics

Improving Regulatory Governance

Walter B Kielholza and Rolf Nebelb

  1. aChairman of Credit Swiss Group and Vice-Chairman Swiss Re Group, CH-8022 Zurich, Switzerland
  2. bRegulatory and Government Affairs, Swiss Re Group, CH-8022 Zurich, Switzerland. E-mail: Rolf_Nebel@swissre.com
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Abstract

In this paper the authors show the rationale behind the changes in the regulatory environment – with regulation moving toward a more risk-sensitive capital adequacy system and stronger risk governance – and their economic impact and influence on the management function.

Keywords:

supervision and regulation, insurance

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