Posts Tagged
Insurance Regulation
EIOPA simplification update gives boards a measurable test
In September 2026, EIOPA published a follow-up note on its efforts to simplify insurance and occupational-pension regulation and supervision. It described reporting-template reductions associated with revised Solvency II: 26% for quarterly and 30% for annual templates for solo undertakings, with larger reductions cited for small and non-complex undertakings. EIOPA also said it had reviewed 25 sets of guidelines and shortened them by around a third. These are EIOPA’s account
New Jersey Bill Tests Human Accountability for Automated Health Claims
In September 2026, the New Jersey Legislature’s published text of Senate Bill 1029 placed human medical accountability at the centre of a proposed framework for health claims and automated utilisation management. The bill would require every claim submitted to a payer to be reviewed by at least one physician or medical director employed by, or contracted with, the payer. It would also require annual public reporting on approvals, denials,
AI’s Transformative Role in Insurance: Opportunities, Challenges, and the Road Ahead
The AI Revolution in Insurance The insurance landscape is undergoing a seismic shift, thanks to the power of Artificial Intelligence (AI). From predictive analytics to the rapid development of new products, AI is reshaping the industry’s very foundation. With tools like ChatGPT and other generative AI models, tasks that once seemed laborious are now streamlined, enabling insurers to process vast amounts of data with unparalleled efficiency. The Double-Edged Sword
OECD 50-Country Report on Insurance Regulation and Supervision
OECD, the Organization for Economic Cooperation and Development, in November 2018 issued a new report, The Institutional Structure of Insurance Regulation and Supervision, which presents the results of a stocktaking of the institutional structure of insurance regulation and supervision practices in 50 OECD and non-OECD countries. The report is based on responses to a questionnaire circulated to OECD and non-OECD countries, with cooperation from the International Association of Insurance
