Regulating and supervising the clouds: emerging prudential approaches for insurance companies

Regulating and supervising the clouds: emerging prudential approaches for insurance companies

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Regulating and supervising the clouds: emerging prudential approaches for insurance companies

The increasing use of cloud computing services for core functions brings undoubted benefits to the insurance sector. However, these services also pose unique risks, given the shared use of computing resources; the sensitivity of the data involved; the cross-border nature of service provision; and the concentration of market providers.

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