Draws attention, more specifically, to the extent to which insurance companies have recently been confronted with a number of adverse factors, e.g. the slump in equities, more frequent corporate bond defaults and the rash of catastrophes all over the world; calls for the development of an amended supervisory and solvency regime that is more attuned to an insurer's true risk profile, and which is also capable of encouraging insurers to develop their own internal risk-monitoring models;
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