Protectionism a challenge for reinsurers
Saturday, 05 19 2018, Category: Insurance and Reinsurance, Country: World
Protectionism in the global insurance and reinsurance industry is often described as a hindrance to both emerging and mature market development, and despite the EU/U.S. covered agreement and other positive regulatory changes across the world, protectionism remains a challenge for industry players.
Protectionist measures in the insurance and reinsurance industry were recently highlighted by international law firm Hogan Lovells in its 2018 Insurance Horizons report, which explores protectionism in emerging markets, the UK’s impending departure from the EU, and the EU/U.S. covered agreement, among other trends.