At the recent Property/Casualty Joint Industry Forum in New York, six insurance company CEOs took the opportunity to evaluate Sandy response, debate the merits of regulation, and ruminate on the role of technology in the business. Here are some of the most interesting soundbites.
January 18, 2013
Unfortunately Solvency II did get somewhat sidetracked by a little banking crisis that turned out to a full scale economic crisis and all regulators want to respond and try and stop you doing anything going forward. So there are aspects of Solvency II that have become far too burdensome.
— Richard Ward, CEO, Lloyds
