1、2025 insurance regulatory outlookMessage from the Deloitte Center for Regulatory StrategyInsurers will likely encounter no shortage of challenges,heightened risk,and perhaps record-breaking loss events in the year ahead,events beyond the control of the White House or the state houses.1 Agile managem

2、ent of unexpected events will be required not only by boards but by regulators.Historically,greater risk and change has stabilized the industry,fostering more cooperation between the insurance industry,state regulators,and standard-setting organizations to safeguard Americans.2 As the sector takes o

3、n the challenges of 2025,this broad cooperation will likely be called upon again.Even so,state and federal regulators are expected to remain vigilant in overseeing insurers responses to domestic,geopolitical,and market challenges,while enforcing compliance and safety through public warnings,enforcem

4、ent,or even new congressional legislation,if necessary.The new Republican majority in Congress could consider hearings on artificial intelligence(AI)applications,the cybersecurity markets coverage capacity,the intersection of mortgage markets and insurance coverage,and insurers sales practices,but t

5、hese will likely be prompted by unforeseen events that affect a broad constituency of people or national security.Insurance costs and events often evoke populist responses from policymakers,as they unite against loss and market disruption.Simultaneously,tougher compliance demands in critical sectors

6、 where rigorous governance is required,such as at the intersection of national security and cybersecurity,could prompt decisive enforcement actions or deeper regulatory scrutiny in the event of any significant cyber breaches or attacks that trigger massive cyber insurance market coverages.3Tim Cerce