演讲题目亚洲偿付能力监管制度改革情况.PDF

演讲题目：亚洲偿付能力监管制度 改革情况 Lecture topic: Insurance regulatory developments Presenter ： Jim Bichard (Central Cluster insurance regulatory leader ) Contents Key drivers of change Local developments in Asia-Pacific C-ROSS implementation experience What does this mean for you? Insurance regulatory developments – Opportunities for Asia Slide 2 Key drivers of change Insurance regulatory developments – Opportunities for Asia PwC Slide 3 The developing landscape in a post crisis world What are the drivers of regulatory change? • Macro-prudential trends – ‘events focus the mind’ • International developments - Solvency II in Europe and elsewhere? - US Solvency Modernisation - The rest of the World – time to modernise - Global Standards • The rise of consumerism Insurance regulatory developments – Opportunities for Asia Slide 4 The political agenda ‘Lets not forget what happened…’ political appetite following the financial crisis National governments wary about using tax payer money again (although most seem to be turning a profit at present) – Greater regulatory scrutiny – ‘Reckless prudence’ But ….there is also concern about conflict between social policy (retirement funding, infrastructure investment, economic growth) and prudential regulation. Likelihood of greater political ‘interference’ in the insurance sector? Vulnerabilities were not understood by firms, regulators, politicians, or the public. Effective Indu