Fitch Ratings forecasts more insurance sector regulations

Mainly due to changing capital requirements.

Fitch Ratings anticipates further regulatory developments in the insurance sector, particularly in response to evolving capital requirements. 

Key areas of focus include the implementation of the global Insurance Capital Standard, resolution regimes, and the integration of climate and environmental risks into solvency frameworks.

Fitch has also released an updated edition of its Global Insurance Regulatory Field Guide, outlining key regulatory requirements across 16 major emerging and developed markets.

The report highlights factors relevant to Insurer Financial Strength ratings and ratings of debt and hybrid instruments issued by (re)insurers.  

The guide covers regulatory elements such as valuation principles, qualifying capital, internal model use, solvency-ratio triggers, and governance requirements.