What are the lessons for insurance supervisors from the recent financial crisis?

What are the lessons for insurance supervisors from the recent financial crisis?

Speech

What are the lessons for insurance supervisors from the recent financial crisis?

In a speech at the Swedish Central Bank, then FSA Executive Chairman Adair Turner highlighted key lessons from the financial crisis for insurance supervision, stressing that capital frameworks must better reflect real risks and not rely too heavily on flawed models or assumptions about extreme events.

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