Are insurers AML-regulated?
Yes — but the obligation is largely concentrated on life insurance and other investment-linked insurance products, where premiums and surrender values can be used to launder funds. General (non-life) insurance is broadly excluded in the EU, UK and Australia, and only US insurers issuing covered products (broadly life and annuity) must implement an AML programme under FinCEN's insurance rule (31 CFR §1025).