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      "text": "No discussion of risk management in insurance is complete without acknowledging the increasing scrutiny from regulators around the world, and the significant variances in rules and guidance from authorities in different markets.",
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      "text": "Part of the challenge is that regulatory risk is embedded in every other major risk stripe, including threats to operational resilience. See figure 25. Across jurisdictions, our survey respondents expect third-party risk management to be a top priority for regulators going forward.",
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      "text": "Figure 25. What additional operational resilience requirements do you expect your regulator(s) to impose over the next two years?",
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