Time for regulators to pause for breath

Insurers would value a considered and coordinated approach

Rob Mannix at Insurance Risk

Speaking at Insurance Europe’s conference in June, Jean-Jacques Henchoz, chief executive officer, reinsurance, for Europe, Middle East and Africa at Swiss Re, remarked to delegates that he finds himself hiring more regulatory team members than underwriters, a trend that cannot be good for the industry, he observed.

The complaints of insurers about the burden of regulation are well-rehearsed, but as Solvency II approaches implementation and with the added weight of international regulatory initia