GG International’s broad geographical footprint, covering Asia, Africa, the Pacific, and Latin America, underscores its deep understanding of diverse regulatory environments. Its work continues to shape insurance regulation, financial stability, and consumer protection across multiple jurisdictions.
By providing strategic guidance, technical expertise, and legislative support, GG International remains a trusted partner for insurance supervisors, central banks, and ministries of finance worldwide—ensuring a more resilient and transparent global insurance sector.
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Global Leader in Insurance Supervision and Regulatory Reform
For over two decades, GG International has played a pivotal role in advising insurance regulators and central banks across the world. The firm's expertise spans insurance supervision, compliance with international reporting standards, and the drafting of new laws and regulations to enhance the stability and efficiency of insurance markets.
Comprehensive Advisory on Insurance Supervision
GG International has collaborated with insurance supervisors and central banks in over 30 countries, supporting regulatory bodies in strengthening prudential oversight, risk management, and financial solvency frameworks. These engagements ensure that national regulators adhere to best practices in insurance supervision, fostering market stability and consumer protection.
Notably, GG International has worked with regulatory counterparts in New Zealand, Brazil, China, South Africa, Kenya, and many other developing economies, helping them modernize their insurance regulatory frameworks to align with global best practices, including those set by the International Association of Insurance Supervisors (IAIS).
Ensuring Compliance with International Reporting Standards
In response to the growing need for financial transparency, GG International has advised insurance regulators and ministries of finance on adopting International Financial Reporting Standards (IFRS 17) and risk-based solvency frameworks. By doing so, the firm has supported the transition from traditional, rule-based models to more dynamic and risk-sensitive regulatory approaches.
Countries such as Bangladesh, Bhutan, and Liberia have benefited from GG International’s guidance in aligning with IFRS and ensuring their insurance sectors remain attractive to foreign investors and local consumers alike.
Drafting of New Laws and Regulations
GG International has played a direct role in shaping modern insurance laws and regulatory policies, particularly in emerging markets. Whether working alongside the Reserve Bank of New Zealand, the Securities Commission of Pakistan, or the Central Banks of Cambodia and Tajikistan, the firm has provided legal and technical expertise in drafting new insurance laws, solvency regulations, and policyholder protection frameworks.
For instance, in Cambodia, Mozambique, and Nepal, GG International helped draft consumer-centric insurance regulations, strengthening policyholder rights and ensuring fair market competition.