A2ii releases two reports showing practical examples and lessons on proportionate application of the Insurance Core Principles

The Access to Insurance Initiative (A2ii) released two thematically-related reports that provide practical examples and lessons from the experience of insurance supervisors who have implemented or begun the process of implementing proportionate regulations towards increasing access to insurance.

Drawing on the experiences of Ghana, Mexico and the Philippines, the first report Proportionality in practice: Distribution" examines the practical aspects of distribution where insurance supervisors are flexible and adjust certain supervisory requirements in order to encourage the insurance industry to offer insurance to the underserved or those excluded from insurance services while protecting consumers.

The second report Proportionality in practice: Disclosure of information draws on the experiences of Brazil, Pakistan, Peru and El Salvador and examines the practical aspects of disclosure in which supervisors adopt proportionate regulation in order to encourage the industry to offer inclusive insurance while ensuring consumer protection.