Burden of regulation 'overloading' Nordic insurers

Pace of regulation in Denmark a 'very heavy burden' for insurers


The pace at which regulation is being introduced in Denmark threatens to “overload” insurance companies’ boards and increases the risk that the implementation of new requirements will be faulty, says Hasse Jørgensen, chief executive officer of Sampension.

Speaking at the Insurance Risk Nordics conference in Stockholm, Jørgensen claimed that regulators across Europe are striving to develop more detailed and higher-impact regulation at a faster pace than attempted before. In 2013, 24 new pieces of

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The future of life insurance

As the world constantly evolves and changes, so too does the life insurance industry, which is preparing for a multitude of challenges, particularly in three areas: interest rates, regulatory mandates and technology (software, underwriting tools and…

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