All-Asia rules could accelerate industry growth: Lloyd's

Asian nations can speed insurance industry growth by harmonising
regulation across borders, Kent Chaplin, CEO of Lloyd's Asia
Pacific, told a gathering of industry leaders in Macau yesterday
(12 October).Speaking at the East Asian Insurance Congress, Chaplin compared the
region to Europe. He noted that regulatory consistency across the
European Union's 28 member nations had supported the
development of transnational risk capital pools and made them
available to relatively small local markets.
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