Fairness agenda raises concerns for Swedish insurers

New bonus distribution rules would have negative effects, say practitioners


A debate in the offing in Sweden is highlighting a fundamental difference of opinion between insurance supervisors across Europe. The country’s insurance supervisors are grappling with fairness – not just how to ensure fairness in the way companies behave or in the treatment of policyholders, but the very concept of fairness. What seems fair in Stockholm, it turns out, seems unfair in Munich, Frankfurt or Cologne. It is a difference of opinion with potentially meaningful ramifications for insure