London market told regulatory burden to get worse
The regulatory burden facing (re)insurers, already acknowledged to be one of the biggest challenges facing the industry, is about to get even worse.
That was the view expressed on a panel discussion at the Xchanging London Market Conference, as industry representatives warned that the cost burden of dealing with several simultaneous regulatory reforms is only going to increase.
Michael Wade, the Besso chairman who has been a champion of smarter regulation for the (re)insurance sector, said that "the pendulum has...
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