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
- aChairman of Credit Swiss Group and Vice-Chairman Swiss Re Group, CH-8022 Zurich, Switzerland
- 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




