👉 Prudentialism is a philosophy that emphasizes the importance of financial and insurance principles in shaping public policy. It advocates for sound, transparent, and efficient financial systems with a focus on protecting consumers from unnecessary risks. Prudentialism generally focuses on the concept of risk management and its application to finance. This approach seeks to ensure that financial institutions are not exposed to excessive or speculative risk, thereby safeguarding investors against potential losses. The goal is to create a system where investment returns can be expected to
