Tag Archives : Guy Soussan

New insurance regulation – the devil is in the details

There is a “radical expansion” of European insurance regulation, but there may be shortcomings in its implementation and unforeseen impact on the insurance industry and its customers, Guy Soussan, European legal advisor to the Federation of European Risk Management Associations (FERMA) stated today (Wed) during a panel discussion on regulatory issues at the 2011 FERMA Risk Management Forum in Stockholm.

According to Soussan, a partner in the law firm Steptoe & Johnson, the insurance industry and its commercial customers still need to be convinced that however desirable the objectives of these new regulations that they will be successful in achieving them. Continue reading