Rules of engagement : global regulatory reforms and the insurance industry

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      <subfield code="a">As this editorial for the July 2011 issue of The Geneva Papers on Risk and Insurance Issues and Practice is written, multiple, massively important regulation initiatives are hitting the insurance industry around the world at the same time. They range from changes in the financial services framework following the lessons from the most recent crisis, to new and more consumer protection initiatives, from further changes to internationa1 financial reporting standards to the profound solvency reforms, from modifications of the tax systems to transformations of old-age security arrangements. For any observer of the industry, it has  become difficult to follow all of these reforms simultaneously and then trying to understand how they will affect the prospects of the insurance business in the longer term. It is a hallmark of The Geneva Papers on Risk and Insurance- Issues and Practice to discuss those issues that influence the insurance and risk management business in a strategic manner- and the massive regulatory changes in the works right now will change the industry profoundly and to long-lasting  effect, which is why we decided to dedicate part of this issue to regulation. </subfield>
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      <subfield code="g">01/07/2011 Tomo 36 Número 3  - 2011 , p. 325-329</subfield>
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