Whilst keeping  track of the different strains the business is under, it is increasingly important to remember the underlying objectives in the business. I f a business can operate in an efficient manner it will be relatively simple for regulators to get comfortable.

This is not about fixing over the strains and cracks, but building a holistic system which embodies the strains within it's operation will be imperative to building a future-proofed model fit for the future.

"There has not been a point in history that the operating model has been strained so significantly, from so many directions. Insurance rates are falling, global growth is slowing, and interest rates are profoundly affecting us. We can’t grow out of these problems,"