The current array of new regulatory requirements facing the insurance industry is daunting. The Dodd-Frank Act, Solvency II and efforts to converge international accounting standards all portend significant operational consequences for insurers.

While the actions of U.S. and European regulators garner a great deal of attention, the push to reshape insurance regulation is global with Asian insurance regulators also putting forth a series of preemptive reforms to tighten the management of insurers.

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