In 2002, she published a book entitled “Japan: eternal revival?”, in which she assesses the strong potential of the Japanese economy to overcome the economic crisis at what was probably the worst time after the bursting of the financial bubble. The subsequent development of the Japanese economy confirms Mrs Flouzat’s perceptiveness.
The FSF greatly welcomes the continuing work by the IAIS on encouraging practical cooperation among supervisory authorities and on examining whether there are significant barriers to the exchange of information relating to groups and conglomerates. Regulators must sustain work in this direction as insurance activity continues to expand internationally, resulting in large, internationally active insurance groups.