Insurer's deal with some of the most important needs in life - it is about dreams and nightmares. Models of fundamental needs point to both physical and emotional needs. Many of these fundamental physical and emotional needs could be met by insurers...

Critical examination and reviwe of U.S Solvency Framework; Modernize, Modify, Ecpand, Eliminate, Enhance U.S regulatory system as appropriate; Examine international developments for potential use in U.S insurance regulation...

Level 1: Framework Directive, Level 2: Implementing Measures (Commission), Level 3: Convergent implementation assisted by close cooperation between national authorities, Level 4: Rigorous enforcement of Community legislation by the Commission...

Significant amount of work currently undertaken by CEIOPS; Some challenging times ahead; I will focus on two main workstreams: PRIPs and IMD Revision...

The process; A case for EU action; IGS in MS of the EU/EAA; Design Features; The outcome: What size?...

U.S. policy holder protection; U.S. garanty fund system; Notable Features...

All enterprises in the DJ sector Titans Insurance Index operate as groups of companies, and many other insurance groups exist, including legal entities domiciled in different jurisdictions...

The importance of supervisory colleges has been underscored by the various international fora. The IAIS has responded in a timely manner with a guidance paper and is actively following-up to improve further the functioning of supervisory colleges...

An important new dimension of the regulatory environment in banking and insurance is the explicit reliance on market discipline. Expectation: A transparent market will require less overt intervention by regulators (market participants themselves force appropriate behavior)...

An Example of the Steps of Market Development, Assessments Completed, After 2003 the Bank developed an alternative template, Observance of ICPs...