Insurance EuropeInsurance Europe
Insight briefing: Why insurers differ from banks

In response to the financial crisis a large number of national, regional and global reforms have been introduced to address problems in the banking sector. This work to ensure stability in the financial markets is fully supported by the insurance industry.

A worrying trend has, however, emerged.

Several regulatory initiatives directed at the banking business have been applied to other financial industries, such as insurance, without taking into account the significant differences between them.

Published 5 November 2014
Nicolas Jeanmart
Nicolas Jeanmart
Head of personal & general insurance