1. Author(s)

A WNS Perspective

Key Highlights

Key Points

  • Solvency II, the European Union (EU) directive, is all set to review and revise the overall approach to regulating insurance companies in the European market

  • Most US insurers will face its impact, since they have to implement a lot of changes – from transformation of IT systems to revamping the culture of the company

  • The opinion on whether US should adopt a Solvency II-like regulatory framework is divided. Some from the US insurance fraternity feel that an exact replica of Solvency II is not required

  • Whether US regulatory changes will align completely with Solvency II or will be driven towards attaining 'equivalence' with Solvency II remains to be seen

Have a Business Enquiry?
Let’s Connect

How emerging trends in compliance regulations will play out in the US insurance industry

Europe and US – The two biggest insurance markets in the world have felt the ripples of the past economic crises and breakdown of financial markets. Policymakers and governments the world-over, are looking at large-scale changes in regulations and policy make-overs to bring respite to businesses and investors from making crippling losses. While Europe braces up for the Solvency II regime, read this white paper for insights on how will these regulations play out for the U.S. insurance industry.

DOWNLOAD WHITEPAPER

Join the conversation

Recommendation for you

Blogs

Intelligent Automation: Re-engineering Transformation in Finance

READ BLOG
Whitepapers

Future-ready Accounts Payable Intelligence Hub: The Certainty in Uncertain Times

READ WHITEPAPER