Regulatory Incentives for Insurance Market Development: Development of Two Case Studies on Proportionality in Practice
This presentation was given on 21 January, 2016 during the IAIS-A2ii Consultation Call "Regulatory Incentives for Insurance Market Development". It includes key takeaways from the MicroInsurance Centre's survey of over 100 insurers in 46 different countries to find out which regulatory issues and market factors are most important to insurers when deciding to enter or stay in the inclusive insurance market. It was found that reducing disclosure content requirements and allowing market sensitive language as well as proportionality in distribution including electronic means and payment methods are the two main areas which will be further explored with case studies.
|Author:||Michael J. McCord of the MicroInsurance Centre, A2ii, IAIS, and Hui Lin Chiew of Bank Negara Malaysia|
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