Opinion: Israeli regulatory concerns

Rarely does a (re)insurance industry event pass without the
obligatory and occasionally tired reference to the problems
produced by regulation.
Frequently it is derided as the source of all business evils, a
sort of inverse panacea which smothers the ability of markets to
function "purely".
But by and large the usual grumbling is benign. As much as the
industry has its gripes with its many regulators, the watchmen
rarely impede the path of legitimate transactions between bona
fides businesses.
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