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defining a meaningful role for insurance in managing business interruption (BI) and other risks from future pandemics. The … insurance industry will be part of that solution set, whether through the continued development of ad hoc state …-by-state initiatives, a private-public partnership in which the insurance industry commits its servicing capabilities, or a private …
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As financial institutions whose business is the acceptance and management of risk, insurers are expected to have sound governance practices and effective risk management systems. The nature of their business activities requires insurers to be subject to tailored guidance on their risks and...
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The Occasional Paper on behavioural economics published by the Financial Conduct Authority (FCA) in April 2013 concluded that the effective regulation of retail financial markets requires a deeper and more realistic understanding of how consumers behave and what choices they find particularly...
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