Which of the following is the most important goal of insurance regulation?

Question

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Promoting the solvency of insurance companies is the most important goal of insurance regulation to ensure that insurers can fulfill their financial obligations to policyholders. This helps maintain consumer confidence in the insurance industry and protects the public from financial harm in the event of an insurer's insolvency. While the other goals listed may be important, they are not as critical as ensuring the financial stability of insurance companies.

Which of the Following Is the Most Important Goal of Insurance